Property profile

0 Latin Cafe For Sale In Clearwater Florida Clearwater, FL 33765

OFF-MARKET
Retail properties & Spaces
1,800 SF Built 2018
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2018
Total area 1,800 SF

Cap rate & NOI

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

Location

Latin Cafe For Sale In Clearwater Florida Clearwater, FL 33765
Clearwater metro
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Value estimations

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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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