4148 70Th CtMiami, FL 33155

Property Details for 4148 70Th Ct

Year built

1959

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

This thriving Spanish-Cuban restaurant, "Chef's Paella," presents a unique investment opportunity in Miami, Florida. Established in 1959 and operating for over 20 years, this well-regarded business is offered at an asking price of $90,000. The sale includes not only the restaurant itself, located at 4148 SW 70th Ct, Miami, FL 33155, but also a food truck trailer and a van, with a combined inventory valued at $50,000. The business currently operates under a yearly renewable lease for a warehouse space at a cost of $1,950 per month, inclusive of water. A comprehensive list of established vendors and loyal clientele will be provided to facilitate a seamless transition for the new owner. To ensure a smooth handover, the current owner will provide one month of on-site support. This turnkey operation employs four dedicated staff members, and ten 1099 contractors have expressed interest in continuing their work post-sale. The business is also attractive to international buyers as it qualifies for an investor visa. Detailed financial records and ongoing support are available upon request. This is a rare opportunity to acquire a profitable, established restaurant with significant assets and a strong foundation for continued success.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.7317

Longitude

-80.3087

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