Premier 2nd Gen Coral Gables Restaurant / Bar / Speakeasy Lounge

Turnkey Coral Gables - Stunning Restaurant / Bar / Speakeasy Lounge

We are excited to share this opportunity with you in Coral Gables, a turnkey restaurant with a premium build-out, longterm lease and FF&E (furniture, fixtures, and equipment). Here are the updated details:

**This is a currently operating and open restaurant. Please do not disturb the staff. **

For more information, please click this link to sign our NDA (on Exhibit A Reference Levant Coral Gables)

https://eform.pandadoc.com/?eform=97949692-2d9a-4498-b8c2-c25863051d6e

Asking Sale Price: $550,000 for assets, lease, furniture, fixtures, and equipment


Location: Levant Restaurant
Address: 2415 Ponce de Leon Blvd., Coral Gables, FL 33134
Size: 4,200 sq. ft. ground level + 1,000 sq. ft. mezzanine
Property Facts:
Property Type: Retail
Gross Leasable Area: 4,364 sq. ft + 1,000 SF mezzanine.
Property Subtype: Restaurant
Year Built: 1959
Premier Location: Located on the heavily trafficked Ponce De Leon Blvd. at the Miracle Mile
Key Features:
Main Dining Area: Elegant space with seating for up to 120 guests, highlighted by artistic murals and luxurious custom furniture
Seating: 98 seats across two dining areas, with two wet bars (one per floor)
Mezzanine: Chic upstairs VIP lounge for private events with a full liquor bar
Other Spaces: Grand private dining room on the main floor
Kitchen: Top-tier, fully-equipped, state-of-the-art kitchen with a full hood and three walk-in coolers
Visibility: Prominent facade with excellent street visibility
Proximity: Neighboring tenants include Hillstone, The Cheesecake Factory, Bulla Gastrobar, Barnes & Noble, and more
Parking: Street and valet parking are available, with a nearby city surface lot
Lot Size:
Frontage: 25 feet
Depth: 107 feet
Land Use Code: Classified as Restaurant
Use Description: Restaurant or Cafeteria: Retail Outlet
Lease Terms: 10-year initial base term with one 5-year option. The current gross lease rate is $17,900 per month.
Liquor License: The current 4COP license is not included, but the space qualifies for an SFS full liquor license upon application
Kitchen Equipment: All owned and lien-free
Concept Flexibility: Buyers have the option to keep the current concept or introduce their own concept and cuisine to the space.

Revenue Potential: Incredible annual revenue makes this an excellent opportunity for EB-5 Visa investors
Investment Appeal: All fixtures and high-end furnishings are included, making this a premier, ready-to-operate investment for the discerning restaurateur.

Building Information: 3,900 sq. ft. freestanding, second-generation restaurant with excellent frontage and high visibility on Ponce De Leon Blvd. Built in 1959, the building is a two-story structure featuring two dining rooms and three walk-in coolers.

This is one of the most turnkey operations available in South Florida, perfectly suited for a restaurant, lounge, or nightclub operator looking to continue the current success or bring in their own vision.