Property summary
This thriving Miami bakery and coffee shop, located in a high-traffic area of Miami-Dade County (zip code 33131), presents a fantastic opportunity for a new owner. The 1,400 square foot space boasts a beautiful, recently updated buildout with top-of-the-line equipment including a hood system, updated grease trap, Hobart dough mixer, espresso and latte machine, convection oven, display case, reach-in freezer, under-counter cooler, and additional refrigeration. The current setup includes ample seating for approximately 20 patrons indoors, with potential for outdoor seating. Currently operating Wednesday through Sunday from 9 am to 5 pm, the business employs one full-time and three part-time staff members. The asking price is $219,000, with a lease in place until April 29, 2031 (10-year term), and a monthly rent of $7,500 inclusive of CAMs, taxes, and insurance. The current concept is easily adaptable to other food service ventures, such as a pizzeria or healthy food concept, making this a versatile and attractive investment. While traditional SBA financing isn't available, unsecured lending options may be available for qualified buyers with a credit score of 680 or higher. This turnkey operation allows for immediate business commencement, eliminating the lengthy setup period often associated with new restaurant openings. The prime location and existing infrastructure provide a significant advantage for a quick and successful launch. This is a rare opportunity to acquire an established business in a desirable Miami location.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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