Long-Established Restaurant with Liquor License for Sale in North Miami, FL

Category: Restaurant & Food Service

Price:$540,000

Location: North Miami, FL

Year Built: 2005

Days on Market: 3

Description:

Long-established restaurant with over 20 years of continuous operation. The business is fully staffed and operates with established systems and procedures in place. Features a fully equipped kitchen and consistent customer base developed over years of service. Operations allow for a smooth transition to new ownership. 4COP liquor license included. Approx. $140K balance with $1,500/month payments, to be assumed by buyer. Current market value estimated at $280K–$300K, offering substantial built-in equity. Opportunity for operational growth through expanded marketing, catering services, delivery platforms, or extended business hours.

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Business Type: BarTavernLounge,FoodAndBeverage,Restaurant

Tax Legal Description: SUNNY ISLES BISC BLVD SUB PB 40-4 LOTS 6 THRU 9 & 30FT ALLEY LYG W & ADJ CLOSED PER R-90-17 BLK 1 A/K/A PT OF INTERAMA TR LOT SIZE 63200 SQ

Business Name: Cheen Huaye

Year Established: 25

Hours/Days of Operation: Open8HoursDay

Financial Data Source: Accountant,Other

Parking Features: Common

Insurance Expense: $23,000

Documents Available: Contracts,Financials,Inventory,Other,TaxInformation

Listing Code: 1154301202