Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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