MergerPlace

Culinary School Coral Gables

Coral Gables, Florida


  • Asking Price: $500,000
  • Gross Income: $214,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $800,000
  • Listing ID: #210137
  • Established: 2015
  • Employees: 3

Business Description

Culinary School, in Coral Gables, FL. 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.


Business Details

Primary Business Category: Services - Educational
Location: Florida
Metropolitan Area: Coral Gables

Company Information

Year Established: 2015
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $500,000
Gross Revenue: $214,000
FF&E: $800,000
Seller Financing Available: No

Property Information

Facilities:

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 square 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 eight years, until August 2023.

Growth & expansion opportunities:

In just 2 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.

Competition:

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

Reason for selling:

Moving

Support & Training:

Two weeks at no cost

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Business Listed By:

Roberta Caputo

Capital Business Solutions