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Property profile

- nets $278K Fast-Casual Restaurant For Sale In Pembroke Pne Miramar, FL 33027

OFF-MARKET
Retail properties & Spaces
2,280 SF Built 2017
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Property summary

AI-generated overview

This thriving fast-casual restaurant in Pembroke Pines, Florida, presents a remarkable investment opportunity. Established in 2017, this 2,280-square-foot eatery boasts impressive financials, generating $1.4M and $1.5M in gross revenue during 2022 and 2021 respectively, yielding an average annual net profit of $278,000 for the owners. Situated in a 127,000-square-foot grocery store-anchored shopping center at a high-traffic intersection (over 112,000 vehicles daily), the restaurant benefits from a dense population base of over 140,000 residents within a three-mile radius, with an average household income near $80,000. The lease, expiring July 30, 2026, carries a monthly rent of $9,700, inclusive of CAMs and taxes. The fully equipped restaurant features a 20-foot exhaust hood, grease trap, ADA-compliant restrooms, and extensive commercial-grade refrigeration and cooking equipment (including multiple fryers, ranges, and a charbroiler). The attractive dining area accommodates 43 guests indoors, with potential for outdoor seating expansion. The restaurant offers dine-in, takeout, catering, and delivery services, utilizing third-party apps like Uber Eats, DoorDash, and Grubhub, and also benefits from a 2COP beer and wine license and a well-designed website for online ordering. The sale includes two weeks of seller training at no additional cost, along with the menu and recipes. The current owners are relocating, creating this exceptional opportunity for a new owner to acquire a well-established, profitable business with franchise potential. The restaurant's equipment includes a walk-in cooler and freezer, multiple ranges and fryers, and ample prep space. The current setup is designed for high-volume service, with four steam tables and multiple cashier stations and self-service kiosks.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2017
Total area 2,280 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

- nets $278K Fast-Casual Restaurant For Sale In Pembroke Pne Miramar, FL 33027
Miramar metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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