0 Iconic Retro Fast-Food Restaurant For Sale Miami, FL 33147
This established Miami fast-food restaurant, built in 1938, offers a turnkey operation in a prime location. The 1,414 square foot space boasts a fully equipped kitchen, including a hood system, walk-in cooler and freezer, prep tables, and seating for 40 patrons. Equipment includes a six-burner stove, grills, fryer, toaster oven, and ample refrigeration. A POS system and security system are also included. The current lease, at a below-market rate of $3400 per month, runs through May 2032, with a 5-year renewal option. The restaurant generates $360,000 in gross annual revenue with seven employees. Two weeks of owner/manager training are provided. The seller is motivated and offering owner financing. This high-density, high-traffic location presents a significant opportunity for a hands-on operator to increase hours, control costs, and drive sales. The current operating hours are 8 AM to 4 PM, offering flexibility for expansion. This is a rare chance to acquire a well-established business with a loyal customer base and significant growth potential. The sale does not include inventory.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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