948 62Nd St Fort Lauderdale, FL 33334
- Retail properties
Current Use by Public Records
- Cabo Blanco Restaurant / Peruvian Restaurant
Property Details for 948 62Nd St
- Year built
- 1982
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
Cabo Blanco, a well-established Peruvian restaurant located at 948 NE 62nd St, Oakland Park, Florida 33334, is available for purchase at $120,000. Built in 1982, this turnkey opportunity boasts a full kitchen equipped with a double hood, dishwashing station, grease trap, and a complete fire suppression system. The restaurant includes a bar serving wine and beer, and comfortably seats up to 110 patrons. Financial records indicate annual revenue consistently falls between $550,000 and $650,000. This presents a strong investment opportunity in a thriving location within Broward County. The property is categorized as retail and specifically as a restaurant. The business has been operating successfully since its establishment in June 2002. This is a rare chance to acquire a profitable, established restaurant with significant earning potential. The property's prime location in Oakland Park, Florida offers excellent visibility and access to a substantial customer base. All necessary equipment and infrastructure are in place, making this a truly turnkey operation ready for immediate ownership and operation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1336
- Latitude
- 26.203
