Modern Industrial Bar and Restaura Presented by Restaurant Sales Group
Confidentiality Agreement David Walis restaurantsalesteam@gmail.co m (305) 450-3077 License: Broker Restaurant Sales Group 14 NE First Avenue. # 226 Miami, FL 33132 Notes
Property Details Modern Industrial Bar and Restaurant in Coral Gables. Think Hillstone but more modern! Newly Built. 6,000 Square Feet. 20 Year lease. Has a lively bar scene and an impressive menu. 211 Seats Total. 122 Seats inside. 40 Seats at Bar. 54 Seats in comfortable outside covered terrace lounge area that is perfect for Happy Hour or Brunch. Full liquor license on premises is included in the sale (4COP License, $175K is current market value). Beautifully built kitchen can pump out high volume and high quality food. Parking lot in same building. If you are looking to open your Resto-Bar in Coral Gables this is a must see. Great opportunity to purchase a new, fully built, fully licensed and permitted, 2nd generation restaurant for one fourth of the cost to build from scratch. Smart restaurant operators always buy 2nd generation! For more information contact Dave Walis restaurantsalesteam@gmail.com 305-450-3077 Price: $600,000 View the full listing here: http://www.crelisting.net/iov8k1i1g/?stepid=107 Price: $600,000 Building Size: 6,000 SF Price/SF: $100 Property Type: Retail Property Sub-type: Restaurant Property Use Type: Business For Sale Commission Split: 10% Occupancy: 0% Lot Size: 6,000 SF Modern Industrial Bar and Restaurant in Coral Gabl
Location Location Description Special Features Modern Industrial Bar and Restaurant in Coral Gables Think Hillstone but more modern! Newly Built. 6,000 Square Feet 211 Seats Total 122 Seats Inside 40 Seats at Bar 54 Seats Outside Covered Lounge Terrace Area perfect for Happy Hour and Brunch. Rent is: $25K All In 20 Year Lease Full Liquor License on Premises (4COP) included in Sale. Fully Equipped Chefs Kitchen built for High Volume and Quality Food Great Menu Opens from 11AM to 2AM Parking lot in same building. Plenty of Parking Smart operators always buy 2nd generation restaurants at a fraction of the cost to build from scratch.
Property Photos Modern Industrial Bar and Restaurant in Coral Gables for Sale Think Hillstone but more modern!
Property Photos 6,000 Square Feet. 20 Year Lease 211 Seats Total
Property Photos Full Liquor License on Premises (4COP) included in Sale 122 Seats Inside plus 40 Seats at Bar
Property Photos Opens from 11AM to 2AM 54 Seats Outside Covered Lounge Terrace Area perfect for Happy Hour and Brunch.
Property Photos Smart operators always buy 2nd generation restaurants at a fraction of the cost to build from scratc
Market Trends Jun 16 vs. 3 mo. prior Y-O-Y State $163 +0.5% +5.5% Metro $224-0.3% +3.3% County $242 +0.5% +4.4% Jun 16 vs. 3 mo. prior Y-O-Y State $15.89 +0.2% +2.0% Metro $21.62 +1.4% +2.0% County $30.44 +1.8% +4.4% City $38.95-0.2% +8.2%
Demographics Population 1-mi. 3-mi. 5-mi. 2015 Male Population 14,825 123,796 257,245 2015 Female Population 16,935 131,783 262,139 % 2015 Male Population 46.68% 48.44% 49.53% % 2015 Female Population 53.32% 51.56% 50.47% 2015 Total Population: Adult 27,029 214,357 432,561 2015 Total Daytime Population 51,646 267,684 703,835 2015 Total Employees 36,607 124,462 412,416 2015 Total Population: Median Age 42 43 41 2015 Total Population: Adult Median Age 47 49 48 2015 Total population: Under 5 years 1,574 12,738 27,729 2015 Total population: 5 to 9 years 1,326 11,434 23,867 2015 Total population: 10 to 14 years 1,162 10,641 22,032 2015 Total population: 15 to 19 years 1,190 13,520 25,776 2015 Total population: 20 to 24 years 1,952 18,230 38,462 2015 Total population: 25 to 29 years 2,687 17,008 41,401 2015 Total population: 30 to 34 years 2,630 16,343 37,854 2015 Total population: 35 to 39 years 2,508 16,585 35,359 2015 Total population: 40 to 44 years 2,353 18,439 37,447 2015 Total population: 45 to 49 years 2,415 19,071 37,905 2015 Total population: 50 to 54 years 2,381 18,830 37,804 2015 Total population: 55 to 59 years 1,958 15,904 31,892
Demographics Population (Cont.) 1-mi. 3-mi. 5-mi. 2015 Total population: 60 to 64 years 1,691 14,570 27,932 2015 Total population: 65 to 69 years 1,474 13,176 25,040 2015 Total population: 70 to 74 years 1,241 11,577 21,384 2015 Total population: 75 to 79 years 1,084 9,901 17,575 2015 Total population: 80 to 84 years 956 8,410 14,422 2015 Total population: 85 years and over 1,178 9,202 15,503 % 2015 Total population: Under 5 years 4.96% 4.98% 5.34% % 2015 Total population: 5 to 9 years 4.18% 4.47% 4.60% % 2015 Total population: 10 to 14 years 3.66% 4.16% 4.24% % 2015 Total population: 15 to 19 years 3.75% 5.29% 4.96% % 2015 Total population: 20 to 24 years 6.15% 7.13% 7.41% % 2015 Total population: 25 to 29 years 8.46% 6.65% 7.97% % 2015 Total population: 30 to 34 years 8.28% 6.39% 7.29% % 2015 Total population: 35 to 39 years 7.90% 6.49% 6.81% % 2015 Total population: 40 to 44 years 7.41% 7.21% 7.21% % 2015 Total population: 45 to 49 years 7.60% 7.46% 7.30% % 2015 Total population: 50 to 54 years 7.50% 7.37% 7.28% % 2015 Total population: 55 to 59 years 6.16% 6.22% 6.14% % 2015 Total population: 60 to 64 years 5.32% 5.70% 5.38% % 2015 Total population: 65 to 69 years 4.64% 5.16% 4.82% % 2015 Total population: 70 to 74 years 3.91% 4.53% 4.12%
Demographics Population (Cont.) 1-mi. 3-mi. 5-mi. % 2015 Total population: 75 to 79 years 3.41% 3.87% 3.38% % 2015 Total population: 80 to 84 years 3.01% 3.29% 2.78% % 2015 Total population: 85 years and over 3.71% 3.60% 2.98% 2015 White alone 29,012 229,827 434,645 2015 Black or African American alone 686 9,669 46,363 2015 American Indian and Alaska Native alone 42 379 1,294 2015 Asian alone 558 2,887 6,404 2015 Native Hawaiian and OPI alone 5 51 87 2015 Some Other Race alone 783 7,253 18,017 2015 Two or More Races alone 674 5,513 12,574 2015 Hispanic 24,132 208,071 399,429 2015 Not Hispanic 7,628 47,508 119,955 % 2015 White alone 91.35% 89.92% 83.68% % 2015 Black or African American alone 2.16% 3.78% 8.93% % 2015 American Indian and Alaska Native alone 0.13% 0.15% 0.25% % 2015 Asian alone 1.76% 1.13% 1.23% % 2015 Native Hawaiian and OPI alone 0.02% 0.02% 0.02% % 2015 Some Other Race alone 2.47% 2.84% 3.47% % 2015 Two or More Races alone 2.12% 2.16% 2.42% % 2015 Hispanic 75.98% 81.41% 76.90% % 2015 Not Hispanic 24.02% 18.59% 23.10%
Demographics Population (Cont.) 1-mi. 3-mi. 5-mi. 2015 Not Hispanic: White alone 6,815 41,582 76,524 2015 Not Hispanic: Black or African American alone 149 6,204 37,170 2015 Not Hispanic: American Indian and Alaska Native alone 9 115 293 2015 Not Hispanic: Asian alone 254 1,605 3,198 2015 Not Hispanic: Native Hawaiian and OPI alone 3 26 68 2015 Not Hispanic: Some Other Race alone 23 168 389 2015 Not Hispanic: Two or More Races 126 971 2,291 % 2015 Not Hispanic: White alone 26.93% 18.16% 17.15% % 2015 Not Hispanic: Black or African American alone 0.59% 2.71% 8.33% % 2015 Not Hispanic: American Indian and Alaska Native alone 0.04% 0.05% 0.07% % 2015 Not Hispanic: Asian alone 1.00% 0.70% 0.72% % 2015 Not Hispanic: Native Hawaiian and OPI alone 0.01% 0.01% 0.02% % 2015 Not Hispanic: Some Other Race alone 0.09% 0.07% 0.09% % 2015 Not Hispanic: Two or More Races 0.50% 0.42% 0.51% Population Change 1-mi. 3-mi. 5-mi. Total: Employees (NAICS) n/a n/a n/a Total: Establishements (NAICS) n/a n/a n/a
Demographics Population Change (Cont.) 1-mi. 3-mi. 5-mi. 2015 Total Population 31,760 255,579 519,384 2015 Households 13,789 92,564 191,113 Population Change 2010-2015 2,399 11,869 30,617 Household Change 2010-2015 537 1,059 5,373 % Population Change 2010-2015 8.17% 4.87% 6.26% % Household Change 2010-2015 4.05% 1.16% 2.89% Population Change 2000-2015 6,457 26,654 73,202 Household Change 2000-2015 2,072 7,535 27,800 % Population Change 2000 to 2015 25.52% 11.64% 16.41% % Household Change 2000 to 2015 17.68% 8.86% 17.02% Housing 1-mi. 3-mi. 5-mi. 2015 Housing Units 12,461 89,735 175,752 2015 Occupied Housing Units 11,717 85,030 163,316 2015 Owner Occupied Housing Units 4,874 41,022 73,082 2015 Renter Occupied Housing Units 6,843 44,008 90,234 2015 Vacant Housings Units 744 4,706 12,439 % 2015 Occupied Housing Units 94.03% 94.76% 92.92%
Demographics Housing (Cont.) 1-mi. 3-mi. 5-mi. % 2015 Owner occupied housing units 41.60% 48.24% 44.75% % 2015 Renter occupied housing units 58.40% 51.76% 55.25% % 2000 Vacant housing units 5.97% 5.24% 7.08% Income 1-mi. 3-mi. 5-mi. 2015 Household Income: Median $44,449 $35,582 $35,658 2015 Household Income: Average $71,777 $62,809 $62,146 2015 Per Capita Income $31,295 $23,282 $23,568 2015 Household income: Less than $10,000 1,462 11,501 27,416 2015 Household income: $10,000 to $14,999 886 7,761 15,313 2015 Household income: $15,000 to $19,999 962 8,185 15,615 2015 Household income: $20,000 to $24,999 896 6,606 13,701 2015 Household income: $25,000 to $29,999 673 5,828 11,453 2015 Household income: $30,000 to $34,999 898 5,886 10,884 2015 Household income: $35,000 to $39,999 507 4,418 8,907 2015 Household income: $40,000 to $44,999 686 4,530 9,109 2015 Household income: $45,000 to $49,999 523 3,455 6,712 2015 Household income: $50,000 to $59,999 968 5,668 12,242 2015 Household income: $60,000 to $74,999 1,237 6,782 14,074 2015 Household income: $75,000 to $99,999 1,142 6,480 14,192 2015 Household income: $100,000 to $124,999 969 4,883 9,691 2015 Household income: $125,000 to $149,999 508 2,482 5,322 2015 Household income: $150,000 to $199,999 669 3,247 6,843
Demographics Income (Cont.) 1-mi. 3-mi. 5-mi. 2015 Household income: $200,000 or more 803 4,852 9,639 % 2015 Household income: Less than $10,000 10.60% 12.42% 14.35% % 2015 Household income: $10,000 to $14,999 6.43% 8.38% 8.01% % 2015 Household income: $15,000 to $19,999 6.98% 8.84% 8.17% % 2015 Household income: $20,000 to $24,999 6.50% 7.14% 7.17% % 2015 Household income: $25,000 to $29,999 4.88% 6.30% 5.99% % 2015 Household income: $30,000 to $34,999 6.51% 6.36% 5.70% % 2015 Household income: $35,000 to $39,999 3.68% 4.77% 4.66% % 2015 Household income: $40,000 to $44,999 4.97% 4.89% 4.77% % 2015 Household income: $45,000 to $49,999 3.79% 3.73% 3.51% % 2015 Household income: $50,000 to $59,999 7.02% 6.12% 6.41% % 2015 Household income: $60,000 to $74,999 8.97% 7.33% 7.36% % 2015 Household income: $75,000 to $99,999 8.28% 7.00% 7.43% % 2015 Household income: $100,000 to $124,999 7.03% 5.28% 5.07% % 2015 Household income: $125,000 to $149,999 3.68% 2.68% 2.78% % 2015 Household income: $150,000 to $199,999 4.85% 3.51% 3.58% % 2015 Household income: $200,000 or more 5.82% 5.24% 5.04% Retail Sales Volume 1-mi. 3-mi. 5-mi. 2015 Childrens/Infants clothing stores $3,839,445 $24,988,658 $51,637,501 2015 Jewelry stores $1,348,524 $8,627,601 $17,930,181 2015 Mens clothing stores $4,409,234 $28,584,909 $59,091,958 2015 Shoe stores $4,531,093 $29,498,207 $60,770,330
Demographics Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi. 2015 Womens clothing stores $7,329,583 $47,812,858 $98,221,882 2015 Automobile dealers $55,619,143 $358,469,470 $737,566,858 2015 Automotive parts and accessories stores $10,838,591 $70,738,227 $145,343,956 2015 Other motor vehicle dealers $1,422,980 $9,548,284 $19,623,836 2015 Tire dealers $4,840,347 $31,613,765 $64,960,451 2015 Hardware stores $217,049 $1,384,002 $2,841,258 2015 Home centers $2,165,842 $14,087,038 $28,740,405 2015 Nursery and garden centers $2,644,873 $17,398,466 $35,213,889 2015 Outdoor power equipment stores $1,200,852 $7,851,148 $15,911,574 2015 Paint andwallpaper stores $251,283 $1,629,378 $3,347,352 2015 Appliance, television, and other electronics stores $7,394,529 $47,850,614 $98,350,631 2015 Camera andphotographic supplies stores $562,131 $3,541,982 $7,338,460 2015 Computer andsoftware stores $20,471,699 $134,012,003 $276,308,014 2015 Beer, wine, and liquor stores $3,646,241 $23,696,653 $48,857,131 2015 Convenience stores $16,769,834 $108,878,242 $225,177,277 2015 Restaurant Expenditures $15,116,075 $98,367,124 $202,101,191 2015 Supermarkets and other grocery (except convenience) stores $59,652,403 $393,825,340 $809,304,896 2015 Furniture stores $5,401,206 $34,810,627 $71,770,664 2015 Home furnishings stores $18,218,285 $119,350,125 $244,577,058 2015 General merchandise stores $97,126,882 $633,873,375 $1,298,668,439 2015 Gasoline stations with convenience stores $50,838,372 $331,835,297 $684,009,761
Demographics Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi. 2015 Other gasoline stations $36,106,007 $236,330,929 $486,385,225 2015 Department stores (excl leased depts) $95,778,358 $625,245,774 $1,280,738,258 2015 General merchandise stores $97,126,882 $633,873,375 $1,298,668,439 2015 Other health and personal care stores $3,755,322 $24,387,777 $50,029,208 2015 Pharmacies and drug stores $14,941,008 $98,767,616 $201,844,831 2015 Pet and pet supplies stores $3,908,548 $25,559,385 $52,603,144 2015 Book, periodical, and music stores $601,023 $3,875,634 $7,970,638 2015 Hobby, toy, and game stores $1,740,112 $11,313,036 $23,442,412 2015 Musical instrument and supplies stores $177,778 $1,113,913 $2,317,586 2015 Sewing, needlework, and piece goods stores $316,375 $2,054,293 $4,222,666 2015 Sporting goods stores $1,708,465 $10,837,671 $22,405,727
Broker Profile restaurantsalesteam@gmail.co m (305) 450-3077 License: Broker Restaurant Sales Group 990 Biscayne Boulevard # 503 Miami, FL 33132 David Walis We are laser focused!we sell food & beverage businesses exclusively.we are experts and specialists in a highly targeted area of business sales that includes; restaurants, bars, nightclubs, commercial kitchens, catering facilities, liquor stores, food trucks, and food & beverage manufacturing businesses.we are known by many as the Restaurateur s Secret Weapon because of our role in helping entrepreneurs to maximize their investment when buying and selling a restaurant.buyer s contact us to find an established restaurant, already built, in a desirable location. They save money and time by purchasing a second generation restaurant, rather than building from scratch.seller s contact us when they are ready to sell. We get them the most money out of their valuable restaurant business in the fastest amount of time.our mission is to provide value added service and information with impeccable integrity.we would appreciate the opportunity to speak with you personally on the essentials of selling or buying a restaurant, valuing a restaurant, or the local restaurant market in general. Feel free to give us a call anytime. Let us know what you are trying to accomplish!sincerely:dave WalisManaging PartnerThe Restaurant Sales Group. Inc.Tel # 800-269-9522 Current Occupation: Organizations/Associations: Managing Partner Restaurant Sales Group SIOR, National Association of REALTORS, LoopNet, Inc., Schenk Company, NAI/CIR