Coral Gables, FL

550 Biltmore Way, Coral Gables FL 33134

$186,500

Key Details

Status
Active
Property Type
Business Opportunity
Year Built
1986

Overview

IF YOU ARE IN THE BUSINESS, YOU'LL KNOW HOW GOOD THIS IS! All equipment, menu and inventory included. Guaranteed monthly lease until 2030 at only $1,600, with minimum annual adjustment (includes water and garbage removal, which in Coral Gables the city charges $1,000 for). Grease trap meets all the requirements of the annual DERM inspection. Fully equipped kitchen separated from retail with a large stainless steel hood (not all have it) and direct access to the street alley for loads/delivery. It has no violations, is in excellent terms with the city and has the alcohol license in process (buyer can continue with the process to obtain it). Working only from 9am to 2pm and from Monday to Friday generates an average gross of $20,000 a month, without delivery service.

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