Asking Price: $2,900,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Looking to expand or purchase a restaurant? This free standing restaurant with real estate included is located in Florida City between Homestead and the Florida Keys. It prides itself in utilizing local Redland produce and seafood from the Keys. The restaurant features a Dining Room with a Buffet Area and a private Wine Room. A Reception area is nestled between the private Gallery Room that seats 50+ people and the Patio. There is a full bar with 6 keg coolers & 2 serving stations, a fully equipped kitchen, baking/pizza kitchen and the cold & dry storage areas. There is also a separate building currently being used for storage. Recently Capri introduced Pub 935 which is a full bar serving over 20 locally brewed beers. The pub has a private entrance, a built-in stage, a full bar, separate fully equipped kitchen and plenty of seating.
About the Business
4 Folios which include: Main Building (Dining Area w/buffet, Restaurant Full Service Bar, 2 Fully Equipped Kitchens, Baking/Pizza Kitchen, Reception Hall, Gallery/Conference Room, Wine Room, Dry/Cold Storage, Patio, Lounge/Pub w/Full Service Bar, Built in Stage, Restrooms w/Waiting Area), Restaurant/Pub/Catering Business, Inventory, Separate Storage Building, Liquor License
There is not a restaurant/pub that can stand up to Capri located in the nearby areas. This business has many perks and so much room for expansion.
Growth & Expansion:
The restaurant originally was operated out of a rented room. The word spread through the neighboring towns and that is when it was established in this location. In 1972 the King Richard Dining area was opened. After Hurricane Andrew Capri was the only standing restaurant. The lines were out the door waiting for a table. In 2003, after the passing of its original founder, his son Jim took over which was a natural transition being that he had worked with his father for decades already. Year after year the restaurant expanded, adding new rooms and then a Pub. It has been a success since the first rented room.
Profitable Established Restaurant & Pub in great location with growth
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