Property summary
This thriving Miami catering business, established in 1995, presents a unique investment opportunity. Priced at $179,000, this 1,300 square foot retail space boasts over $473,000 in annual gross revenue and a strong cash flow of over $34,000. The business operates within a busy plaza in Miami-Dade County (zip code 33184), benefiting from a consistent stream of customers from both residential and commercial areas. The current lease, with a favorable monthly rate, extends until August 2026, with a five-year renewal option. The sale includes all necessary equipment for immediate operation: a hood, grill, three six-burner stoves, six prep tables, two rice cookers, a dishwashing station, a robo coupe, ample shelving, cookware, three standing coolers, two steam tables, a beverage fridge, two POS systems, microwaves, printers, a computer, a standing freezer, and a security system. The business is fully staffed with seven employees, providing a seamless transition for the new owner. While SBA financing is unavailable, other lending options may be explored. The current owner is relocating, presenting a chance to acquire an established brand with significant growth potential through expanded dine-in hours and targeted marketing. The business model combines successful catering operations with a dine-in component, offering flexibility and multiple revenue streams. This turnkey operation is ready for a new owner to step in and continue its success. The low rent and established customer base make this a financially attractive proposition. The sale is an asset sale, and inventory is not included in the asking price.
Property profile
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6 recent transactions · within 1.5 miComparable in this City
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from $99/month
Property description
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