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OFF-MARKET
Retail properties & Spaces

0 Premier College Food Hall Miami, FL 33174

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

This thriving 750-square-foot café and catering business, established in 2018, is located within a prestigious Miami college's food hall. Boasting a built-in customer base of students, it enjoys consistent traffic and repeat business. Annual sales exceed $200,000, with owner benefits reaching $106,000. The turnkey operation includes all fixtures, fittings, and kitchen equipment, such as a food line refrigeration unit, double door fridge and freezer, dishwashing station, crepe grills, and a POS system. The sale also includes existing inventory, artwork, and guitars. The lease, at a net monthly rent of $25, runs until August 30, 2024, with year-to-year renewal options. The business offers indoor seating for 30 patrons and currently employs three staff members. Significant growth potential exists through expanded hours, catering to nearby residential towers under construction, and adding beer and wine sales. The current owner is selling for personal reasons, presenting a unique opportunity for an entrepreneur to acquire a profitable and established business in a high-traffic location. The supportive food hall environment fosters collaboration and further growth opportunities. This is a remarkable opportunity to own and grow a successful culinary enterprise within a vibrant college community.

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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