Property summary
This thriving Latin American cafe in Clearwater, Florida, presents a fantastic investment opportunity. Established in 2018, this 1,800 square foot restaurant boasts a loyal customer base and strong online reviews. The current lease, at a favorable rate of $2,200 per month, runs until December 31, 2024, with a five-year renewal option. The cafe features a fully equipped commercial kitchen, including a 12-foot hood system, multiple refrigerators and freezers, prep tables, a fryer, and grill. The inviting atmosphere includes indoor seating for 28 guests and an outdoor patio. The menu features authentic Latin American favorites, from arepas and empanadas to Cuban coffee and tropical smoothies. The business generated $325,000 in gross revenue. The sale includes all existing equipment, creating a turnkey operation for a new owner. With ample potential for growth through catering and third-party delivery services, this well-established cafe is priced to sell at $99,000. The current owners are retiring, presenting a unique chance to acquire a profitable business in a prime Clearwater location. The cafe employs four staff members. The sale is an asset sale, and seller financing is not available.
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6 recent transactions · within 1.5 miComparable in this City
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from $99/month
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from $99/month
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