6240-115 Coral Ridge Drive, Coral Springs, FL 33076

Overview

Description

Charming Café bistro 2,446 square foot in a great and busy shopping center with plenty of free parking. This Business has a beautifully, modern and elegant stylish layout. The owner invested $600,000 in new machinery, leasehold improvements, alarm system, point of sales, fully equipped kitchen with a hood, gas, walk freezer, 2 COP Wine and Beer License and the best Coffee machine. The Initial Lease Term expires on September 30, 2022 and have option of two (2) additional five (5) Year terms. The business has much untapped potential from the local residential and commercial areas. Great opportunity for buyer to KEEP CONCEPT or CONVERT TO HIS OWN CONCEPT!! May Qualify for Visa! Excellent Opportunity!!!!

Supplements: Charming Café bistro 2,446 SF in a great and busy shopping center with plenty of free parking. Business has a beautifully, modern and elegant stylish layout. Owner invested $600,000 in new machinery, leasehold improvements, fully equipped kitchen, 2 COP Wine and Beer License. Business has much untapped potential from the local residential and comm ... (Read more)

General Property Information

Occupant Type: Call Listing Agent
Occupied Area: 2446
Year Built: 2017
Additional Business Names: AMOR ETERNO
Ownership Type: Limited Partnership
Training Available YN: Yes

Property Features

Building Features: Coffee Shop; Kitchen Facilities; Restaurant Documents Available: Copy Of Lease(s); Equipment Inventory; Inventory; Other Available Information Electric: 101-200 Amp Service Flooring: Ceramic Tile Heating: Central; Electric; Natural Gas Lease Term Remaining: 1-3 Years Location of Property: Shopping Center Parking Features: Common; Other Possession: Subject To Tenant Rights Sale Includes: Furniture; Inventory; License; Machinery; Other Special Licenses: Beer/Wine; City License; County License Source Of Expenses: Information Limited Construction Materials: Other Cooling: Central Building Listing Terms: Cash Security Features: Fire Alarm; Security System; Smoke Detector(s) Utilities: Natural Gas Available Water Source: Public Showing Requirements: Appointment Only Contingencies: Lease Option

Contract Information

Comp Sale YN: No
Original List Price: 286000
Owner Phone: 2/29/2020

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 6240-115
Street Name: Coral Ridge
Street Suffix: Drive
City Name: Coral Springs
State Or Province: FL
Postal Code: 33076
Area: 3642
Geographic Area: NW41 - North Broward 441 To Everglades (3611-3642)
Zoning: HERON BA
Directions: TAKE SAWGRASS EXPWY N TO CORAL RIDGE DR. TAKE LEFT UNTIL HOLMBERG RD. BUSINESS LOCATED IN WATERWAY SHOPPES AT HERON BAY PLAZA , NEXT TO HURRICANE GRILL & WINGS RESTAURANT.
Property Description: COFFE BISTRO

Financial Information

Tax Year: 2018

Status Change Information

Major Change Timestamp: 2020-02-06T03:41:54Z
Major Change Type: Status Change
Price Change Timestamp: 2020-01-13T19:52:25Z
Status Change Date: 2020-02-06
Under Contract Date: 2019-11-30
Close Date: 2020-02-05
Close Price: 175000
Buyer Financing: Cash

More Information

Business Details

Year Established: 2017

Lease Details

Lease Expiration: 2022-09-17

Short Sale Details

Lender Approval: Approved
Short Sale Addendum: No

Income and Expenses

Gross Rent: 7403
Inventory Value: 2456
Gross Sales: 0
Inc/Exp Statement Period: No

Price Calculations

Current Price To SqFt: 71.55
Original List Price To Close Price: 0.61

Originating Details

Originating System Key: 516188104
Originating System ID: M00000170

Currently Not Used

Year Built: 2017

Office/Member Information

DXORIGMLSID: FLL

Electric

101-200 Amp Service: Yes

Flooring

Ceramic Tile: Yes

Loan Details

Assumable Chattel Balance: 0

Parking Features

Common: Yes
Other: Yes

Documents Available

Copy Of Lease(s): Yes
Equipment Inventory: Yes
Inventory: Yes
Other Available Information: Yes
Photos: Yes

Location of Property

Shopping Center: Yes

Possession

Subject To Tenant Rights: Yes

Utilities

Natural Gas Available: Yes

Building Features

Coffee Shop: Yes
Kitchen Facilities: Yes
Restaurant: Yes

Heating

Central: Yes
Electric: Yes
Natural Gas: Yes

Sale Includes

Furniture: Yes
Inventory: Yes
License: Yes
Machinery: Yes
Other: Yes

Special Licenses

Beer/Wine: Yes
City License: Yes
County License: Yes

Construction Materials

Other: Yes

Listing Terms

Cash: Yes

Security Features

Fire Alarm: Yes
Security System: Yes
Smoke Detector(s): Yes

Water Source

Public: Yes

Hours/Days Of Operation

Open 8 Hours/Day: Yes

Lease Term Remaining

1-3 Years: Yes

Source Of Expenses

Information Limited: Yes

Cooling

Central Building: Yes

Showing Requirements

Appointment Only: Yes

Contingencies

Lease Option: Yes