Beautiful Latin Restaurant in Coral Gables, Miami

Listing Number: 2201-220063

Description

Very well located on Coral Way, in Coral Gables/Miami. Totally built-out in 2020. Currently operating as a very successful all-you-can-eat buffet focused on Puerto Rican cuisine, with close to $60,000 net sales in May/24. Buyer may keep the concept, name and menu if wanted. This restaurant is fully equipped with a professional open kitchen, 8 feet hood, grease trap, freezers and refrigerators, a separate wine/cocktail/coffee bar, double height ceilings, and back door entrance for deliveries. Seats 48 inside and 16 outside, in a very charming, fenced sidewalk area. Plenty of free parking space. All permits and licenses in place, including wine and beer. Long-term lease in place, with two possible 5-year extensions.

Listing Details

• Price: $135,000
• Down Payment: $135,000
• Sellers Discretionary Earnings: $0
• Total Sales: $0
• Location: Miami-Dade County, Florida


• Inventory: $0
• FF&E: $35,000
• Employees: 5
• Year Established: 2023
• Reason for Selling: Other business interests
• Category: Restaurants