Established Restaurant for Sale in North Miami, FL with Growth Potential

Category: Restaurant & Food Service

Price:$175,000

Location: North Miami, FL

Days on Market: 22

Description:

Exceptional Restaurant Opportunity in the Heart of North Miami Incredible opportunity to acquire a well-established, highly rated restaurant located along one of North Miami’s busiest commercial corridors. Successfully operating for over 10 years, this thriving business offers a loyal customer base, an outstanding local reputation, and consistent, verifiable cash flow. This prime, high-visibility location benefits from strong foot traffic and steady drive-by exposure. The restaurant features 1,000 square feet of efficiently designed space with seating for 24 guests indoors, plus charming patio seating that enhances the dining experience and overall capacity. A 2COP (Beer and Wine) license is included in the sale. The business generates gross revenue exceeding $340,000 annually, in addition to supplemental cash sales. Currently operating from 4:00 PM daily, there is significant upside potential for revenue growth through expanded hours, catering, delivery, or additional marketing initiatives. The lease is exceptionally favorable at $2,556 per month, with the landlord open to offering a new five-year term with flexible conditions, providing long-term stability for the next owner. This is a true turnkey opportunity ideal for an owner-operator or investor seeking an established, profitable restaurant with immediate income and strong growth potential. NDA required for financials and further details.

Established North Miami restaurant, 10+ yrs, $340K+ gross, low $2,556 rent, 2COP license, patio seating, turnkey with growth potential.

Business Type: BarTavernLounge,FoodAndBeverage,Restaurant

Tax Legal Description: IRONS MANOR A SUB OF E1/2 PB 10-71 LOTS 35 & 36 BLK 5 LOT SIZE 50.000 X 108 OR 12129-2286 0284 5 COC 22650-1391 08 2004 1

Year Established: 11

Hours/Days of Operation: Open8HoursDay

Financial Data Source: Owner

Parking Features: Common,FreeParking

Documents Available: Aerial

Listing Code: 1154342481