Profitable Asian Restaurant For Sale Near College Assumable Sba Loan! Miami, FL 33174
- Retail properties
- 1,972 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Profitable Asian Restaurant For Sale Near College Assumable Sba Loan!
- Year built
- 2012
- Property size
- 1,972 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Asian restaurant in Miami, Florida, presents a unique investment opportunity. Located in a busy shopping center near a major university, this 1,972 square foot establishment boasts consistent profitability, generating annual sales exceeding $511,518.08 and a cash flow of over $218,639.66. Built in 2012, the restaurant features a fully equipped kitchen including a 20-foot hood system, six-burner stove, griddle, fryer, multiple refrigerators and freezers, and ample prep space. The lease, expiring August 14, 2028, is currently $4,063.44 per month. A significant advantage is the assumable SBA loan of $460,000, reducing the initial capital outlay. The current owner, selling due to relocation, will provide one week of training. The restaurant employs nine staff members and benefits from a prime location with a loyal customer base, including many students from the nearby growing university. This turnkey operation is ready for a new owner to continue its success. The sale includes various kitchen equipment such as sushi counters, display cases, beverage coolers, a rice cooker, microwave, and more. The restaurant also features a security system and two televisions. This is a rare opportunity to acquire a profitable, established business with an existing customer base and an assumable loan.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.3492
- Latitude
- 25.7617
