This fully-equipped restaurant in Coral Gables, Florida, is available for $265,000. The 1,579 square foot space boasts a prime location and features a lease expiring August 30, 2033, with a monthly rent of $7,870. The restaurant includes a fully operational kitchen with a new grease trap and hood system, along with indoor seating for 26 patrons. Extensive equipment is included in the sale, encompassing two walk-in coolers, a dishwashing station, prep tables, a six-burner stove with oven, fryers, refrigeration units, a POS system, and outdoor patio furniture (including tables, chairs, umbrellas, heaters, and fire pits). The business previously generated $500,000 in net sales, though current profitability is not specified. The sale is an asset sale, not a franchise, and seller financing is unavailable. The space is ideal for an entrepreneur seeking a turnkey operation in a vibrant Coral Gables location, allowing for immediate commencement of a new restaurant concept. The existing lease provides long-term stability, and the included equipment minimizes initial investment costs. The property is located in Miami-Dade County, Florida, with a zip code of 33134. Four full-time and two part-time employees previously worked at the location. The seller is motivated by personal reasons. While the previous business model is not continuing, the existing infrastructure and equipment present a significant advantage for a new venture.
Highlights
$265,000 asking price for a restaurant business in Coral Gables, FL.
1,579 square foot retail space, leased until August 2033.
Monthly rent is $7,870.
Fully equipped kitchen with a new grease trap and hood system.
Prime Coral Gables location.
Property Details
for 0 Restaurant For Sale Prime Location In Coral Gables Bring Own Concept
Retail property - Turnkey Restaurant, Prime Coral Gables Location
Where is the retail property located?
The property is located at Restaurant For Sale Prime Location In Coral Gables Bring Own Concept Coral Gables, FL.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: $265,000 asking price for a restaurant business in Coral Gables, FL.; 1,579 square foot retail space, leased until August 2033.; Monthly rent is $7,870.
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Contacts
Tarun Gajwani
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Restaurant For Sale Prime Location In Coral Gables Bring Own Concept Coral Gables, FL 33134
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0 Restaurant For Sale Prime Location In Coral Gables Bring Own Concept
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