South Miami, FL 33333

Property

Ownership: For Sale
Type: Unknown

Financials

Price:$545,000
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Sterling Equity Realty LLC

Rare opportunity to acquire a long standing and highly regarded EUROPEAN bistro in the desirable South Miami Coral Gables area.

Description

Rare opportunity to acquire a long-standing and highly regarded EUROPEAN bistro in the desirable South Miami / Coral Gables area. • Over 26 years in business with a LOYAL customer base • 44 SEATS (12 on covered terrace) • Low rent: approximately $5,000/month • Average gross revenue: $1.25M per year • Owner earnings: approximately $200,000/year (profit + salary) while working part-time • Ample PARKING available for customers • Retiring owner – ideal opportunity for an operator to step in and grow the business further • Significant UPSIDE potential This is a TURNKEY restaurant with strong financials and a proven track record in one of Miami’s most desirable dining markets. Perfect for E2 VISA.

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.