European bistro in the desirable South Miami / Coral Gables area

Asking Price$550,000

Cash Flow

EBITDA$150,000

Gross Revenue$1,250,000

Inventory$5,000
Not included in asking price
FF&E$100,000
Included in asking price
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European bistro in the desirable South Miami / Coral Gables area


Asking Price$550,000

Cash Flow

EBITDA$150,000

Gross Revenue$1,250,000

Inventory$5,000
Not included in asking price
FF&E$100,000
Included in asking price
Business Description
Rare opportunity to acquire a long-standing and highly regarded EUROPEAN bistro in the desirable South Miami / Coral Gables area. • Over 26 years in business with a LOYAL customer base • 44 SEATS (12 on covered terrace) • Low rent: approximately $5,000/month • Average gross revenue: $1.25M per year • Owner earnings: approximately $200,000/year (profit + salary) while working part-time • Ample PARKING available for customers • Retiring owner – ideal opportunity for an operator to step in and grow the business further • Significant UPSIDE potential This is a TURNKEY restaurant with strong financials and a proven track record in one of Miami’s most desirable dining markets. Perfect for E2 VISA.
About the Business
Years in Operation
26
Employees
16 Part-time
Facilities & Assets
New grease trap. Ample PARKING available for customers •
Market Outlook / Competition
Limited competition
Opportunities for Growth
Significant UPSIDE potential
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
770
Rent
$5,000.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Owner will stay to train as needed
Listing Info
ID
2478847
Listing Views
12

Contact Seller

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Business Listed by: Marc Sacheli

Listing ID: 2478847 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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