Restaurant for Sale in Coconut Grove
$889,000 · MLS# A12037938
The Numbers
| Asking price | $889,000 |
|---|---|
| Gross revenue | $1,250,000 |
| Days on market | 145 days |
| Year established | 2006 |
| Years with the current owner | 20 |
| Price history | Reduced from $1,300,000 (−32%) |
| On the market | Listed June 15, 2026 (146 days) |
| Business type | Restaurant |
| Location | Coconut Grove, Miami-Dade County |
| MLS# | A12037938 |
About This Restaurant
Established New York Style Pizza Restaurant strategically located in Coconut Grove, Miami-Dade County, Florida. This turnkey operation represents a prime investment opportunity in the thriving pizza restaurant sector, featuring a completely renovated facility with contemporary buildout and comprehensive equipment package.The restaurant operates with a fully equipped kitchen featuring new commercial-grade appliances, fixtures, and furniture throughout the establishment. All equipment and furnishings are included in the acquisition, providing immediate operational capability for the incoming owner.The business benefits from a newly executed 10-year lease with 5-year renewal option at approximately $10,300 monthly including CAM, secured for the current term. This favorable lease structure provides operational stability and predictable occupancy costs in the desirable Coconut Grove market.Key Investment Highlights:- Fully operational restaurant with established customer base- Complete new buildout with modern fixtures and equipment- Prime Coconut Grove location with high foot traffic potential- Comprehensive equipment package included in sale- Favorable long-term lease agreement in place- Turnkey operation ready for immediate ownership transitionQualified buyers may request detailed financial information and operational documentation through the listing agent following execution of appropriate confidentiality agreements
Ask About This Business
A licensed BreakThru Realty business broker can request the financials, the lease and the confidential information memorandum for you and walk you through them. Call or text (786) 914-1017 or email sales@breakthrurealty.com and mention MLS# A12037938.
Courtesy of
SFRMC Realty · Listing agent: Aquiles Solano
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Before You Make an Offer
Looking for a Buyer for Your Restaurant?
Restaurant buyers ask about the lease first, then the sales they can verify, the licence, the equipment and the staff who will stay. Buyers working with BreakThru Realty have told us the concepts, locations and price ranges they want. A broker can check your restaurant against those requirements confidentially, without your staff or customers hearing about it.
Over 300 business buyers are already working with BreakThru Realty, seeking acquisitions across Florida. Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.
Find Out If We Have a Buyer · Discuss Selling With BreakThru Realty
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Comps and Market Insights
30 comparable businesses are for sale in Miami-Dade County at a median asking price of $699,000. This business asks 27.2% above that median. 3 comparable businesses sold in Florida in the last 12 months.
Comparable Businesses for Sale
| Business | City | Asking | Gross revenue | Net income |
|---|---|---|---|---|
| Bar & Lounge for Sale in Miami Beach Courtesy of Doral Service Realty Inc. | Miami Beach | $890,000 | $2,000,000 | Not listed |
| Restaurant for Sale in Miami Courtesy of Inmobiliata, LLC | Miami | $850,000 | $1,300,000 | Not listed |
| Restaurant for Sale in Miami Courtesy of Real Realty Investment | Miami | $850,000 | Not listed | Not listed |
| Restaurant for Sale in Coral Gables Courtesy of Interbloom Business Brokerage, Inc. | Coral Gables | $845,000 | Not listed | Not listed |
| Restaurant for Sale in Miami Courtesy of The Keyes Company | Miami | $950,000 | $3,500,000 | Not listed |
| Restaurant for Sale in Miami Courtesy of Century 21 World Connection | Miami | $950,000 | $1,668,928 | Not listed |
Recent Business Sales
| Sold | Business type | City | Asking | Sold price | Days on market |
|---|---|---|---|---|---|
| 2026-08-11 | Bar & Lounge Courtesy of The Keyes Company | Miramar | $1,250,000 | $1,150,000 | 35 |
| 2026-04-22 | Food & Beverage Business Courtesy of Canvas Real Estate | Miami | $1,250,000 | $955,950 | 232 |
| 2026-01-30 | Bar & Lounge Courtesy of Florida Realty of Miami Corp | Miami | $850,000 | $800,000 | 117 |
All recently sold businesses in Florida
Comparable means the same industry group (Restaurant / Food & Beverage) at a price within 40% of this business, in the closest area with at least 5 of them: the city, then the county, then Florida. A median needs 5 or more behind it. Businesses for sale start at $240,000, the lowest asking price these pages show. Source: active and closed business opportunity listings on the MLS. Asking prices are what sellers hope for; sold prices are what buyers paid. Names of sold businesses are withheld. These figures compare listings. They are not a valuation of this business.
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