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OFF-MARKET
Retail properties & Spaces

0 Gourmet Cafe For Sale Inside Food Hall In Major College Miami, FL 33174

750 SF Built 2018
Property ID
Property summary
AI-generated overview

This thriving 750-square-foot gourmet cafe, established in 2018, is located inside a popular food hall at a major Miami college (Dade County, zip code 33174). Boasting over $161,000 in gross revenue and over $69,000 in cash flow, this turnkey operation offers a meticulously curated menu of high-quality breakfast, lunch, and dinner items, including freshly brewed coffee. The cafe benefits from a built-in customer base of students, faculty, and staff, with additional foot traffic from the surrounding community. Significant growth potential exists through extended hours, catering to college events and sports games, and the addition of beer and wine. The sale includes all fixtures, furnishings, and equipment, such as a full security system, POS system, refrigeration units, cooking equipment (including crepe grills), and even the cafe's unique artwork and guitars. The current manager will provide training to ensure a smooth transition. The lease is year-to-year, with a current monthly rent of $25 net, and expires August 30, 2024. Indoor seating accommodates 30 patrons. This is an exceptional opportunity for a new owner to step in and maximize the cafe's already impressive success. The seller is motivated by personal reasons. Two new residential towers are under construction above the location, further enhancing future growth prospects.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2018
Total area 750 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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