Highly Profitable Miami Nightlife Venue | $2M Revenue | $386K Cash Flo
Business Description
Rare opportunity to acquire a profitable Miami nightlife venue operating under a brand established in 1992 with multiple successful locations. This well known concept has been successfully operating in Kendall since 2017 and has built a strong reputation in the local nightlife and hospitality scene.
The business generates approximately $2M in annual revenue with strong cash flow and consistent profitability. Revenue is driven primarily by beverage sales, events and nightlife operations supported by a loyal customer base and strong brand recognition.
The venue is fully built out and turnkey, occupying approximately 2,656 square feet in a high traffic commercial center. The space includes a complete bar buildout, sound and lighting systems, DJ booth, refrigeration equipment, seating areas and operational infrastructure. All furniture, fixtures and equipment are included in the sale, allowing a buyer to continue operations immediately.
The business benefits from an established team, consistent clientele and a strong presence in the Miami nightlife market. There are opportunities to further increase revenue through expanded events, promotions and strategic partnerships.
The current lease runs through 2027 with an additional five year renewal option available.
Ownership is focusing on new ventures and expansion opportunities outside of the Miami market.
Serious inquiries only. NDA required for additional financial information.
The business generates approximately $2M in annual revenue with strong cash flow and consistent profitability. Revenue is driven primarily by beverage sales, events and nightlife operations supported by a loyal customer base and strong brand recognition.
The venue is fully built out and turnkey, occupying approximately 2,656 square feet in a high traffic commercial center. The space includes a complete bar buildout, sound and lighting systems, DJ booth, refrigeration equipment, seating areas and operational infrastructure. All furniture, fixtures and equipment are included in the sale, allowing a buyer to continue operations immediately.
The business benefits from an established team, consistent clientele and a strong presence in the Miami nightlife market. There are opportunities to further increase revenue through expanded events, promotions and strategic partnerships.
The current lease runs through 2027 with an additional five year renewal option available.
Ownership is focusing on new ventures and expansion opportunities outside of the Miami market.
Serious inquiries only. NDA required for additional financial information.
About the Business
- Years in Operation
- 9
- Employees
- 14 (8 Full-time, 6 Part-time)
- Franchise
- This business is an established Tu Candela Bar franchise
- Facilities & Assets
- Fully built out nightlife venue of approximately 2,656 sq ft located in a high traffic Kendall commercial center. The space includes a full bar buildout, commercial kitchen equipment, lighting and sound systems, DJ booth, seating areas, bar furniture, refrigeration equipment, POS systems and operational infrastructure. All furniture, fixtures and equipment are included in the sale, allowing a buyer to operate immediately
- Website
- https://candelabarbrickell.com
- Market Outlook / Competition
- The business operates in the highly active Miami nightlife and hospitality market with strong demand for Latin nightlife concepts and entertainment venues. The location benefits from strong local brand recognition, repeat clientele and a loyal customer base. The venue has successfully operated in the Kendall area since 2017 and continues to attract consistent traffic.
- Opportunities for Growth
- Opportunities exist to expand revenue through additional event programming, private events, promotional partnerships and increased marketing initiatives. Extended hours, themed events and strategic partnerships with promoters could further increase revenue and profitability.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,656
- Rent
- $15,857.00 per month
- Lease Expiration
- 7/17/2032
About the Sale
- Seller Motivation
- Ownership is focusing on new business ventures and expansion opportunities outsi
- Transition Support
- Ownership will provide a transition period to assist the new owner with operational procedures, staff introduction, vendor relationships and overall business operations to ensure a smooth transfer.
- Financing Options
- Seller will consider limited seller financing for qualified buyers. Business generate
Listing Info
- ID
- 2481878
- Listing Views
- 24
Business Location
Listing ID: 2481878 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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