750k In Sales! Seller Financing!! Coral Gables, FL 00000
- Retail properties
- 2,100 SF
Current Use by Public Records
- Retail properties
Property Details for 750k In Sales! Seller Financing!!
- Year built
- 2020
- Property size
- 2,100 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This thriving Coral Gables cafe, built in 2020, presents a fantastic investment opportunity. Boasting 2,100 square feet of space in a prime location, this restaurant enjoys high visibility amongst numerous retail shops and residential buildings. The cafe currently generates over $750,000 in annual gross revenue and approximately $62,135.03 in cash flow, operating from morning until early afternoon. The lease, at $8,700 per month, extends until February 28, 2035, with options available. The sale includes a fully equipped kitchen featuring a six-burner stove, grill, two fryers, a new single-deck oven, ample refrigeration (including deli display and production fridges, chest freezers), a hood system, and grease trap. The dining area comfortably seats 50 guests. The current owner, selling for personal reasons, offers two weeks of support for a smooth transition. Nine employees are currently on staff. Significant growth potential exists by extending operating hours to include dinner service, potentially more than doubling current sales. This is an asset sale
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Coral Gables
- County
- Dade
- State
- Florida
- Longitude
- -80.2683
- Latitude
- 25.7215
