Property profile

0 Miami Nets $73 000 Miami, FL 33184

OFF-MARKET
Retail properties & Spaces
1,650 SF
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Property summary

AI-generated overview

This established Subway franchise presents a compelling investment opportunity in West Miami, Florida. Located in Dade County (zip code 33184), this 1,650 square foot restaurant boasts a strong track record, generating over $406,000 in gross revenue and over $73,000 in cash flow. The current lease, at a monthly rate of $5,236.89 (inclusive of base rent, CAMS, taxes, and insurance), expires in October 2024, but includes two five-year renewal options, extending the lease to 2034. The restaurant comfortably seats 20 patrons and is fully equipped with all necessary equipment, including tables, chairs, a soda fountain, ice machine, chip display case, ovens, coolers, a POS system, and various kitchenware. The franchise offers two weeks of training and benefits from a national brand recognition, established marketing efforts, and a proven operational system. The sale includes the existing equipment and inventory is not included in the asking price of $129,000. This turnkey operation is ideal for an experienced franchisee or a new entrepreneur seeking a profitable, established business with significant growth potential. The business currently employs three people. SBA lending is available.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,650 SF

Cap rate & NOI

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

Location

Miami Nets $73 000 Miami, FL 33184
Miami metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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