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    132Nd Ct Miami, FL 33186

    Sponsored
    For Sale
    $180,000

    Established Colombian eatery, turnkey operation.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This thriving Colombian restaurant and bar in Miami's Kendall area presents a unique investment opportunity. Established for over six years, the business boasts a loyal clientele and consistent daily operation. The sale price of $180,000 includes all essential equipment for immediate operation. This includes a two-year-old A/C unit, two industrial fryers, a griddle, an industrial grill, a six-burner stove with oven, two refrigerators, an industrial freezer, a soda refrigerator, a small freezer, two microwaves, a six-foot hood, and a three-compartment grease trap. The sale also includes tables and chairs for approximately 50 patrons inside, plus an outdoor terrace accommodating an additional 16 guests. The current lease has five years remaining and covers maintenance, waste removal, exterior upkeep, and property taxes. This turnkey operation offers immediate income potential with its established reputation and loyal customer base. The restaurant also generates revenue through catering services for various celebrations and events. Located at 132 ct, Miami, FL 33186, this property is situated in the desirable Kendall area, offering excellent visibility and accessibility. This is a rare opportunity to acquire a profitable and well-established business with significant growth potential.

    Property Features for 0 132Nd Ct

    General Information

    Property type
    Restaurants

    HighLights

    • $180,000 asking price for a Miami, FL retail property.
    • Established Colombian restaurant, operating for over 6 years, with strong clientele in the Kendall area.
    • Includes all equipment: fryers, grill, stove, refrigerators, freezers, hood, grease trap, tables, and chairs for approximately 66 patrons (50 inside, 16 outside).
    • Five‑year lease remaining, including maintenance, waste removal, exterior maintenance, and taxes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.407643
    Latitude
    25.6620777

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    FAQs

    What type of property is this?
    Restaurant - Established Colombian eatery, turnkey operation.
    Where is this restaurant located?
    The property is located at 132Nd Ct Miami, FL.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: $180,000 asking price for a Miami, FL retail property.; Established Colombian restaurant, operating for over 6 years, with strong clientele in the Kendall area.; Includes all equipment: fryers, grill, stove, refrigerators, freezers, hood, grease trap, tables, and chairs for approximately 66 patrons (50 inside, 16 outside).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    132Nd Ct Miami, FL 33186
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