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$ 380,000
Est. payment /mo
Price Dropped by $165K
Address not disclosed South Miami, FL 33333
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID A11977656
HOA Y/N No
Property Description
Rare opportunity to acquire a long-standing and highly regarded EUROPEAN bistro in the desirable South Miami / Coral Gables area.
• Over 26 years in business with a LOYAL customer base
• 44 SEATS (12 on covered terrace)
• Low rent: approximately $5,000/month
• Average gross revenue: $1.2M per year
• Owner earnings: approximately $130,000/year (profit + salary) while working part-time
• Ample PARKING available for customers
• Retiring owner – ideal opportunity for an operator to step in and grow the business further
• Significant UPSIDE potential
This is a TURNKEY restaurant with strong financials and a proven track record in one of Miami's most desirable dining markets. Perfect for E2 VISA.
• Over 26 years in business with a LOYAL customer base
• 44 SEATS (12 on covered terrace)
• Low rent: approximately $5,000/month
• Average gross revenue: $1.2M per year
• Owner earnings: approximately $130,000/year (profit + salary) while working part-time
• Ample PARKING available for customers
• Retiring owner – ideal opportunity for an operator to step in and grow the business further
• Significant UPSIDE potential
This is a TURNKEY restaurant with strong financials and a proven track record in one of Miami's most desirable dining markets. Perfect for E2 VISA.
Location
State FL
County Miami-dade
Area 10
Exterior
Private Pool Yes
Others
Acceptable Financing Cash
Listing Terms Cash
Listed by Sterling Equity Realty LLC
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