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    Meat Restaurant Coral Gables, FL 33134

    Sponsored
    For Sale
    $399,000

    Established BBQ Restaurant, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Coral Gables restaurant, located at 3988 SW 8th Street, presents a rare opportunity for discerning investors. Established in 1948, this beloved eatery boasts a rich history and loyal clientele, built on a tradition of exceptional BBQ. The property is offered at $399,000 and includes a fully equipped kitchen featuring a hood system, grease trap, fire alarms, walk-in refrigerator and freezer, and ample storage. The restaurant holds a 2-COP Wine and Beer license, adding to its operational efficiency and revenue streams. Enjoy happy hour specials Monday through Friday from 3 PM to 7 PM, attracting a consistent flow of customers. Ample parking is available on-site, accommodating up to 21 vehicles, ensuring customer convenience. Four large, state-of-the-art TV screens provide an ideal atmosphere for sports viewing, enhancing the overall dining experience. This turnkey operation is situated in the vibrant Miami-Dade County, Florida, within the desirable Coral Gables zip code 33134. The property's strong reputation and established customer base make it an attractive investment, potentially supporting US visa applications. A confidentiality agreement is required to access detailed financial information. This is a truly exceptional opportunity to acquire a profitable and well-regarded restaurant in a prime location.

    Property Features for 0 Meat Restaurant

    General Information

    Property type
    Restaurants
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Coral Gables
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2711588
    Latitude
    25.7564662

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    FAQs

    What type of property is this?
    Restaurant - Established BBQ Restaurant, Prime Location
    Where is this restaurant located?
    The property is located at Meat Restaurant Coral Gables, FL.
    What is the asking price?
    The asking price for this property is $399,000.
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    Meat Restaurant Coral Gables, FL 33134
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Meat Restaurant Coral Gables, FL 33134
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