Description
The Opa-Locka Community Redevelopment Agency (CRA) is seeking proposals from experienced restaurateurs, developers, or operators to lease, build out, and operate a restaurant at CRA-owned property located at 14401 NW 27th Avenue, Opa-Locka, Florida 33054. The building was formerly operated as a Chinese restaurant and is now a gutted shell with new windows. The CRA will provide a $100,000 grant toward the interior buildout of the space. The selected proposer will be required to maintain insurance coverage during the term of the lease and throughout the buildout and operation of the restaurant.
• The proposal should include a comprehensive plan for the activation and operation of the restaurant, supported by documentation that demonstrates the proposer’s qualifications, business concept, financial capacity, and commitment to community benefit.
• The proposer should provide a narrative summary of their experience operating restaurants or similar businesses, including key personnel bios, prior business ventures, and an organizational chart.
• The proposer should describe how the proposed concept contributes to revitalizing the corridor and supporting local economic development, including any commitment to local hiring or community partnerships.
• The proposer should provide a preliminary budget for interior buildout, a statement of financial capacity to execute the project, and any proposed lease terms.
• The proposer should provide at least three references, including one from a financial institution and two from individuals or entities familiar with the proposer’s past business performance.