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Accommodation & Food Services

Established Luxury Restaurant for Sale in Coral Gables, FL

Coral Gables, FL, USA
Updated 6 hours ago

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.

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

Listing Code

1004459538

Business Type

BarTavernLounge,FoodAndBeverage,Restaurant

Days On Market

83

Parking Features

Common

Insurance Expense

$10,000

Documents Available

Aerial,Contracts,Financials,GroundPhoto,Inventory,Lease

Financial Data Source

Owner

Hours/days Of Operation

OpenMoreThan8HoursDay

Financials

Asking Price
$100K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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