Business For Sale

Culinary School -Coral Gables, Florida

Coral Gables, FL
Miami Dade County


Asking Price: Annual Revenue:
$500,000 $214,000

Food & Beverage: Catering, Food Preparation


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RE: Culinary School -Coral Gables, Florida Broker: Roberta Caputo

Quick Facts

Asking Price: $500,000
Annual Revenue: $214,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $800,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 3
BBN Listing #: 2052344
Broker Reference #: 3473

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Business Overview:

Culinary School, in Coral Gables, Florida. The campus started operations in 2016 and offers short and long programs. These programs may include internships in renowned restaurants in France. The proposal may include the purchase of the on-going business (culinary school) with a collaboration agreement with the institute in France. Or an asset sale that includes the equipment, leasehold, build-out, and the premises which already is adapted to operate a culinary institute.

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Property Features and Assets:

This beautiful facility is in Coral Gables, a prime upscale area of Miami FL. Close proximity to restaurants, strategic suppliers, offices, and Miami International Airport. 4,352 sq foot space for cooking, pastry and baking classes, student dressing room and bathrooms; social and office area. The rent is $12,300 with 3% annual increments for 8 years, until August 2023.

Market Competition and Expansion:

In just 2 years of operation, the institute has reached break even. The layout of the facilities, with the quality of equipment, can handle a large number of participants.

Reason for Selling:

Moving

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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