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Coconut Grove Dr Miami, FL 33133

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For Sale
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High-Profit Italian Eatery, $5.2M

Property Features for 0 Coconut Grove Dr

General Information

Property type
Restaurants

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Listing Contact
Lydia Feral

Listing Agency: Beachfront Realty, Inc Listing Agent: Lydia Feral

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Exceptional opportunity to acquire a thriving Italian restaurant in the heart of Coconut Grove, Florida. This established business boasts impressive financials, generating over $5,000,000 in gross revenue annually with a strong 27% profit margin. The low monthly rent significantly contributes to its profitability, making it an attractive investment. Located on a desirable avenue, the restaurant benefits from its prime position within the vibrant Coconut Grove neighborhood, surrounded by complementary businesses including sidewalk cafes, boutiques, and the bustling CocoWalk mall. The restaurant features a modern, fully equipped kitchen, ready for immediate operation. A dedicated and experienced staff is in place, ensuring a seamless transition for the new owner. With a seating capacity of 90, including a pleasant outdoor area, the restaurant is well-positioned for continued success. Ample parking is available. This opportunity also qualifies for an E2 visa or green card, adding further appeal to potential investors. The asking price for this turnkey operation is $5,200,000. This is a rare chance to own a profitable and well-established restaurant in one of Miami's most sought-after locations.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.2377078
Latitude
25.7307897

FAQs

What type of property is this?
Restaurant - High-Profit Italian Eatery, $5.2M
Where is this restaurant located?
The property is located at Coconut Grove Dr Miami, FL.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: $5,200,000 asking price for this Coconut Grove retail property.; Thriving Italian restaurant with over $5,000,000 gross revenue and a 27% profit margin.; Low monthly rent.
(305) 405-0615 Call to check price and availability
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