Beautifully Built out Large Sports Bar for Sale South Miami@

Asking Price$849,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,000,000

InventoryNot Disclosed

FF&ENot Disclosed

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Beautifully Built out Large Sports Bar for Sale South Miami@


Asking Price$849,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,000,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
SOUTH MIAMI RESTAURANT & BAR OPPORTUNITY

Rare opportunity to acquire a fully built out restaurant and bar located in the heart of South Miami. The approximately 6,824 SF venue offers a turnkey infrastructure package including a commercial kitchen, full service bar, furniture, fixtures and equipment, entertainment infrastructure, and an existing 4COP liquor license.



This is an opportunity for an operator to assume a high quality second generation restaurant space while avoiding the substantial time, cost, permitting, and construction risks associated with a new buildout.



PROPERTY HIGHLIGHTS

• Approximately 6,824 SF
• Fully built out restaurant and bar
• Existing kitchen, bar, and FF&E
• 4COP liquor license in place
• Entertainment and event friendly layout
• Ample customer parking with convenient garage access
• Immediate operational potential for a variety of restaurant, hospitality, and nightlife concepts



LEASE ADVANTAGE

Current lease extends through approximately May 2028 with two additional five year renewal options.

Option rents are fixed at:
• $34.50/SF (June 2028 May 2033)
• $39.00/SF (June 2033 May 2038)



These rates are substantially below current replacement rents for comparable restaurant space within the South Miami market, creating a meaningful long term occupancy advantage for an incoming operator.



PREMIER SOUTH MIAMI LOCATION

Situated within one of Miami Dade County's most desirable residential and dining markets, the property serves the affluent communities of South Miami, Coral Gables, Coconut Grove, Pinecrest, Ponce Davis, High Pines, and surrounding neighborhoods.

The trade area benefits from strong household incomes, year round local demand, excellent accessibility, and limited availability of comparable turnkey restaurant opportunities.

Cook with a 22 foot hood and a separate 11 foot hood supporting a 6 burner stove oven, flat top grill, multiple griddles, and four fryers. Keep pace with three sandwich prep tables and coolers, a drawer cooler, two dishwashing stations, bread ovens, and abundant refrigeration. Store and serve with two walk in coolers, a walk in freezer, a 30 tap keg cooler, and expansive dry storage.

Seating for about 230 inside and 45 on the patio, plus a stage, sound system, and security in place. Contact We Sell Restaurants today for more information.

Opportunities this equipped in Miami Dade County do not last, and buyer prequalification of $1,000,000 with proof of funds is required for tours. Bring your offer today and take over this impressive Sports Bar for Sale.

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About the Business
Years in Operation
7
Facilities & Assets
22 foot hood and 11 foot hood, 3 sandwich prep tables/coolers, Drawer cooler, 6 burner stove oven, Griddle/2 burner stove over, Flat top grill, Griddle, 4 fryers, Bread ovens - 2, 2 dishwashing stations, 2 offices, 30 tap keg cooler, 2 walk in coolers, Walk in freezer, 2 large storage areas, Security system, Sound system, Stage, 225 seating inside, 46 seats outside
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
Bring your own concept to this beautiful located sports bar and grill!
Opportunities for Growth
Location is ideal for any concept and will thrive with all the residential a commercial potential clients nearby!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
7,300
Rent
$23,500.00 per month
Lease Expiration
4/19/2037
About the Sale
Seller Motivation
Relocation
Transition Support
N/A
Listing Info
ID
2496605
Listing Views
146

Contact Seller

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Business Listed by: Tarun Gajwani We Sell Restaurants

Listing ID: 2496605 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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