South Miami, FL 33333

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List Price
$380,000
Price Change
▼ $165,000 1785177320
MLS#
A11977656
Status
ACTIVE
Type
Commercial

Property 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: $1.2M per year • Owner earnings: approximately $130,000/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.

Additional Information

Days on Market
199
Water Access
Business Only
Address
South Miami

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Calculator source: Real Geeks

Listing Courtesy of Sterling Equity Realty LLC, Contact: