European bistro in the desirable South Miami / Coral Gables area
Business Description
Established European Bistro - Prime South Miami/Coral Gables Location
Rare opportunity to acquire a highly regarded European bistro operating successfully for over 24 years in the prestigious South Miami/Coral Gables market. This turnkey restaurant demonstrates consistent performance with strong financials and exceptional growth potential.
Business Highlights:
• Annual revenue of $1,200,000 with $130,000 in owner earnings
• Loyal customer base built over two decades of operation
• Strategic location in desirable dining market with limited competition
• 44-seat capacity including 12 seats on covered terrace
• Compact 770 sq ft space with efficient operations
• Ample customer parking available
• Low occupancy cost at $5,000 monthly lease
Financial Performance:
• Gross Revenue: $1,200,000 annually
• Cash Flow (SDE): $130,000
• EBITDA: $150,000
• FF&E Value: $100,000
• Inventory Value: $5,000
• Lease: $5,000/month
The retiring owner has built strong operational systems and maintains part-time involvement while generating substantial returns. The business benefits from an established reputation, repeat clientele, and prime location in one of Miami's most sought-after dining corridors.
Growth Opportunities:
• Significant upside potential identified by current ownership
• Opportunity for new operator to expand marketing and operations
• Strong foundation for scaling revenue and profitability
• Excellent candidate for E2 visa qualification
Owner Support:
Seller committed to providing comprehensive training and transition support to ensure seamless ownership transfer.
This represents an exceptional opportunity to acquire a profitable, established restaurant with proven systems, strong cash flow, and substantial growth potential in Miami's competitive dining market.
Asking Price: $380,000
Rare opportunity to acquire a highly regarded European bistro operating successfully for over 24 years in the prestigious South Miami/Coral Gables market. This turnkey restaurant demonstrates consistent performance with strong financials and exceptional growth potential.
Business Highlights:
• Annual revenue of $1,200,000 with $130,000 in owner earnings
• Loyal customer base built over two decades of operation
• Strategic location in desirable dining market with limited competition
• 44-seat capacity including 12 seats on covered terrace
• Compact 770 sq ft space with efficient operations
• Ample customer parking available
• Low occupancy cost at $5,000 monthly lease
Financial Performance:
• Gross Revenue: $1,200,000 annually
• Cash Flow (SDE): $130,000
• EBITDA: $150,000
• FF&E Value: $100,000
• Inventory Value: $5,000
• Lease: $5,000/month
The retiring owner has built strong operational systems and maintains part-time involvement while generating substantial returns. The business benefits from an established reputation, repeat clientele, and prime location in one of Miami's most sought-after dining corridors.
Growth Opportunities:
• Significant upside potential identified by current ownership
• Opportunity for new operator to expand marketing and operations
• Strong foundation for scaling revenue and profitability
• Excellent candidate for E2 visa qualification
Owner Support:
Seller committed to providing comprehensive training and transition support to ensure seamless ownership transfer.
This represents an exceptional opportunity to acquire a profitable, established restaurant with proven systems, strong cash flow, and substantial growth potential in Miami's competitive dining market.
Asking Price: $380,000
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 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Owner will stay to train as needed
Listing Info
- ID
- 2478847
- Listing Views
- 252
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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