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Listing ID: 2958743

Culinary School Coral Gables For Sale

Miami Dade County, Florida, United States

$ 500,000

Revenue: $ 214,000

Cash Flow: not disclosed

Business Description

Culinary School, in Coral Gables, Florida. The campus started operations in 2016 and offers short and long programs. This 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.

Property Details

Size:

4352

Years Established:

3

Property Type:

Lease

FF&E:

$ 800,000

Other Details

Premise Details:

This beautiful facility is in Coral Gables, a prime upscale area of Miami. Close proximity to restaurants, strategic suppliers, offices, and Miami International Airport. 4.352 sq ft 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.

Competition:

The owner also has a culinary school in the South of France. Owner will grant a license with her school in France.

Expansion Potential:

In just two 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.

Operation Details

Employees:

3

Support & Training:

two weeks at no cost

Miscellaneous

Reason For Selling:

Moving

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