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


Property

Website:https://www.nestseekers.com/5325525
Address:
South Miami, FL 33333
Ownership: For Sale
Type: Unknown

Financials

Price:$545,000

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.

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Sterling Equity Realty LLC