Established Luxury Restaurant for Sale in Coral Gables, FL
Business Opportunity
Category: Restaurant & Food Service
Price:$100,000
Location: Coral Gables, FL
Days on Market: 65
Description:
LUXURY CORAL GABLES Restaurant Business FOR LEASE. This is a rare opportunity to lease a fully built-out flagship restaurant in the heart of Miracle Mile, one of Coral Gables’ most prestigious dining corridors. The space was originally developed at a cost of approximately $2.6 million and was previously offered for sale for $2 million. It is now available directly from the landlord for $100,000 in key money, allowing a new operator to launch a concept at a fraction of the original investment. The restaurant is being offered fully equipped from the kitchen to the dining room with 201 seating. Lounge seating bar & outdoor covered dining area. Rent Level: Approximately 30% below market compared to nearby Miracle Mile restaurant spacesEasy to show.
Amazing restaurant space for lease on a busy location of Miracle Mile.
Business Type: BarTavernLounge,FoodAndBeverage,Restaurant
Year Established: 6
Directions: From US-1 (South Dixie Highway), head east on Miracle Mile toward downtown Coral Gables. Continue past Ponce de Leon Blvd; the property will be located on Miracle Mile in the heart of Coral Gables
Hours/Days of Operation: OpenMoreThan8HoursDay
Financial Data Source: Owner
Parking Features: Common
Insurance Expense: $10,000
Documents Available: Aerial,Contracts,Financials,GroundPhoto,Inventory,Lease
Listing Code: 1004459538