Coconut Grove, FL 33133
FOR SALE - Active
$5,200,000
$4,999,000
(4.0%)
Overview
- Status: Active
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: No info
- Price Per: No info/No info
- Type: Business Opportunity
- Built: No info
- HOA: No info
- MLS Number: A11397332
- View No info
- On Site: 324 days
- Updated: Listing Refreshed: 82 Days Ago
Extraordinary Opportunity: Thriving Italian Restaurant in Coconut Grove.This well-established establishment boasts an impressive gross revenue of over $5,000,000, with a remarkable profit margin of 27%. One of its many advantages is the remarkably low monthly rent making it an incredibly lucrative venture. Situated on a prestigious avenue in Coconut Grove, a luxurious and verdant neighborhood, the restaurant is surrounded by charming sidewalk cafes, trendy shops, and the bustling CocoWalk mall. Equipped with a state-of-the-art kitchen.Dedicated and trained staff is already in place, ensuring a smooth transition for the new owner. With 90 seats and a charming outdoor area .parking.qualify to na E2 visa or green card.
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 04/24/2024 | Price Reduced | $5,200,000.00 | 20.0% | N/A |
| 02/28/2024 | Price Increased | $6,500,000.00 | 30.0% | N/A |
| 09/03/2023 | Listed | $4,999,000.00 | N/A |
Contact Information
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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