MIAMI, Florida
| Asking Price |
$849,000 |
Year Established |
2019 |
|
| Annual Revenue |
$2,000,000 |
Reason for Selling |
Relocation |
|
| Annual P/L |
$0 |
Attention |
Tarun Gajwani |
|
| Annual Cash Flow |
$0 |
Listing Number |
1009404 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
PUB 52 - SOUTH MIAMI RESTAURANT & BAR OPPORTUNITY
Rare opportunity to acquire Pub 52, 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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Property Features and 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
Market Competition and Expansion:
Bring your own concept to this beautiful located sports bar and grill!
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity