Rare opportunity to own La Casa del Churrasco, an iconic Hialeah restaurant established in 1982 and operating continuously at the same 652 E 9th Street location for over four decades. This 5,700 sq ft turn-key restaurant includes all kitchen equipment, furniture, fixtures, and inventory in the sale — walk in and operate from day one. Beer & Wine (4 COP) license in place. Gross lease at $15,000/month with landlord prepared to offer a new 3-year term to a qualified buyer (currently month-to-month). Significant upside: business historically ran 24/7 prior to COVID, with the night shift generating approximately $30,000/month in additional revenue that is not currently being captured. Approximately 22 employees in place, longstanding community recognition, and grandfathered approvals make for a smooth transition. Motivated seller. Financials available upon executed NDA and proof of funds. Showings by appointment only — please do not disturb staff or customers. Contact listing agent for details.
652 East 9th Street, Hialeah, FL, 33010
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The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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