Pinecrest, FL 33156
- Investment properties
- 1,400 SF
Current Use by Public Records
- Investment properties
Property Details
- Property size
- 1,400 SF
- Property type
- Investment properties
Description
This thriving Cuban restaurant, located in the prestigious Pinecrest neighborhood of Miami-Dade County, presents a unique business opportunity. Boasting approximately 1,400 square feet, this well-known establishment specializes in authentic Cuban cuisine, featuring traditional dishes like cochinillo (suckling pig), handmade croquettes, palomilla steak, arroz con frijoles, and vaca frita de pollo. The menu also includes popular items such as pan con bistec and a selection of delectable desserts including flan, guava cheesecake, and queso blanco con mermelada. The restaurant's commitment to quality and homemade recipes has cultivated a strong reputation within the community. Financial performance demonstrates resilience, with 2021 revenues reaching pre-pandemic levels, indicating a consistent and healthy cash flow. This presents an ideal acquisition for a seasoned restaurant operator seeking to establish themselves in one of Miami-Dade's wealthiest areas, benefiting from a high per capita income demographic. The sale price is $198,000. The property is situated on a lot with zero acres. This turnkey operation offers immediate potential for continued success and growth.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pinecrest
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.3093
- Latitude
- 25.6882