Restaurant And Cafeteria 2x1 Downtown Miami

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Asking Price:
$290,000

Gross Revenue:
$600,000
Cash Flow:
$144,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$4,000
included in asking price

FF&E:
$100,000
included in asking price

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Business Description

LOCATED IN THE HEART OF DOWNTOWN MIAMI THIS DUAL SEAFOOD RESTAURANT & CAFETERIA WITH 2 DIFFERENT ENTRANCES SHARING THE SAME KITCHEN WITH 45 CHAIRS. RENT INCLUDES GARBAGE, WATER, AIR MAINTENANCE, AND PART OF ELECTRIC BILL. OPENED FOR SEVERAL YEARS. HALF OF THE BUSINESS IS DELIVERY, SERVING BRICKELL, AND DOWNTOWN WHICH HAS 80,000 RESIDENTS THUS FAR. OWNERS PLAN TO MOVE OUT STATE

BILL MANRIQUE
MIAMI BUSINESS BROKERS
Business Broker
Senior Equity Broker

About the Business

Location:
Miami, Florida
Year Established:
2010
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
1,000
Rent:
$3,461.00 Per Month
Lease Expiration:
12/15/2029
Facilities:
TWO RESTAURANTS IN ONE WITH A SMALL TERRACE AND LOTS OF FOOT AND CAR TRAFFIC
Market Outlook/
Competition:
COMPETITION IS HIGH END WITH DIFFERENT PRICES AND DIFFERENT MENU
*** MAY QUALIFY FOR INVESTOR'S VISA. ***
Growth & Expansion:
FOOT TRAFFIC AND CAR TRAFFIC, NEAR HOTELS AND THE AMERICAN AIRLINES ARENA
***. CAPITAL AVAILABLE FOR EXISTING BUSINESSES. ***
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About the Sale

Reason For Selling:
LEAVING THE STATE
Training/Support:
TRAINING AVAILABLE FOR QUALIFIED BUYERS
Seller Financing:
*** I AM YOUR SOURCE FOR RESTAURANTS ***

Listing Info

ID:
1637040
Ad Detail Views:
634

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Business Listed by

Bill Manrique, SEB, BB

Miami Business Brokers
License# 3272260

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