Modern Industrial Bar and Restaurant in Coral Gables

Coral Gables, FL (Miami-Dade County)

Modern Industrial Bar and Restaurant in Coral Gables

Asking Price:$600,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$600,000

Inventory:N/A

Rate/Sq. Ft.:$30.00

Established:2016

Modern Industrial Bar and Restaurant in Coral Gables

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Business Description

Think Hillstone but more modern!

Modern Industrial Bar and Restaurant in Coral Gables. Think Hillstone but more modern! Newly Built. 6,000 Square Feet. 20 Year lease. Has a lively bar scene and an impressive menu. 211 Seats Total. 122 Seats inside. 40 Seats at Bar. 54 Seats in comfortable outside covered terrace lounge area that is perfect for Happy Hour or Brunch. Full liquor license on premises is included in the sale (4COP License, $175K is current market value). Beautifully built kitchen can pump out high volume and high quality food. Parking lot in same building. If you are looking to open your Resto-Bar in Coral Gables this is a must see. Great opportunity to purchase a new, fully built, fully licensed and permitted, 2nd generation restaurant for one fourth of the cost to build from scratch. Smart restaurant operators always buy 2nd generation! For more information contact Dave Walis restaurantsalesteam@gmail.com 305-450-3077

Special Features

Modern Industrial Bar and Restaurant in Coral Gables
Think Hillstone but more modern!
Newly Built.
6,000 Square Feet
211 Seats Total
122 Seats Inside
40 Seats at Bar
54 Seats Outside Covered Lounge Terrace Area perfect for Happy Hour and Brunch.
Rent is: $25K All In
20 Year Lease
Full Liquor License on Premises (4COP) included in Sale.
Fully Equipped Chefs Kitchen built for High Volume and Quality Food
Great Menu
Opens from 11AM to 2AM
Parking lot in same building. Plenty of Parking
Smart operators always buy 2nd generation restaurants at a fraction of the cost to build from scratch.

Attached Documents


Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
6,000
Lease Expiration:
12/31/2036
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Modern Industrial Bar and Restaurant in Coral Gables Think Hillstone but more modern! Newly Built. 6,000 Square Feet 211 Seats Total 122 Seats Inside 40 Seats at Bar 54 Seats Outside Covered Lounge Terrace Area perfect for Happy Hour and Brunch. Rent is: $25K All In 20 Year Lease Full Liquor License on Premises (4COP) included in Sale. Fully Equipped Chefs Kitchen built for High Volume and Quality Food Great Menu Opens from 11AM to 2AM Parking lot in same building. Plenty of Parking Smart operators always buy 2nd generation restaurants at a fraction of the cost rather than building from scratch.
Competition:
Prime Coral Gables Location Full Liquor License on Premises Good Parking in Gables is hard to find. We've got it! Newly Built! Smart operators always buy 2nd generation restaurants at a fraction of the cost to build from scratch. Be open and Operating Before the New Season!
Support & Training:
Yes
Reason for Selling:
Other Interests

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Dave Walis

Business Listed By:
Dave Walis

The Restaurant Sales Group

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