Well-Established Award -Winning Sub Shop with Nearly 50 Years of Success, Pinecrest, FL 33156 — MLS photo

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Well-Established Award -Winning Sub Shop with Nearly 50 Years of Success, Pinecrest, FL 33156

Active · BusinessOpportunity

$85,000

Well-Established Award -Winning Sub Shop with Nearly 50 Years of Success, Pinecrest, FL 33156

Beds
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Baths
0
Living area
— sq ft
$ / sq ft
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Year built
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Lot size
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HOA fee
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Annual tax
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About this property

Excellent opportunity to own a well-established sub shop in a prime location directly across from Pinecrest and Continental Park, just minutes from Dadeland Mall. This turnkey business has been serving the community for nearly 50 years and includes a fully equipped kitchen with hood system and grease trap in place. Current lease is only $2,600/month. Award-winning operation with strong local presence and excellent growth potential. Ideal for an owner-operator or investor looking to step into a long-standing, successful business.

Property location

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Well-Established Award -Winning Sub Shop with Nearly 50 Years of Success, Pinecrest, FL 33156

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
BusinessOpportunity

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A12030661
Listing status
Active

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Estimated monthly cash flow

-$216

Cap rate
2.6%
Net yield
2.6%
Cash-on-cash return
-10.9%
Gross yield
6.6%
Mortgage payment
$403/mo
Down payment
$21,250
Loan amount
$63,750
Annual NOI
$2,239

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.