Restaurant For Sale In Miami! Bring Own Concept Near Fiu Low Rent Confidential, FL 00000

Property Details for 0 Restaurant For Sale In Miami! Bring Own Concept Near Fiu Low Rent

Year built

2012

Property size

1,972 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This thriving Miami restaurant, located near Florida International University (FIU), presents a unique turnkey opportunity for an ambitious entrepreneur. Boasting 1,972 square feet of indoor space with seating for 65, this fully equipped establishment is ready for immediate operation. The asking price is $595,000. The current lease, expiring August 14, 2028, features a low monthly rent of $4063.44. The restaurant includes a comprehensive inventory of commercial kitchen equipment, including a 20-foot hood system, grease trap, six-burner stove, griddle, multiple freezers and refrigerators, and a walk-in cooler. The seller will provide one week of training to ensure a smooth transition. The business generated gross revenue of $511,518.08 and a cash flow of $218,639.66. The restaurant benefits from its prime location near a major university, resulting in consistent high foot traffic and a loyal student clientele. This established business is known for its high-quality food and positive online reviews, providing a strong foundation for continued success. Inventory is not included in the asking price. The restaurant employs nine staff members. This is an exceptional opportunity to acquire a profitable, established business in a high-growth area.

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City

Confidential

County

Miami-Dade

State

Florida