Property profile

0 Iconic Retro Fast-Food Restaurant For Sale Miami, FL 33147

OFF-MARKET
Retail properties & Spaces
1,414 SF Built 1938
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1938
Total area 1,414 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Iconic Retro Fast-Food Restaurant For Sale Miami, FL 33147
Miami metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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