4148 70Th CtMiami, FL 33155

Property Details for 4148 70Th Ct

Year built

1959

Property type

Retail properties

Property subtype

Bars

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

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].