0 Premier College Food Hall Miami, FL 33174
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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