Cuban Café For Sale - Fantástica

Winter Park, FL
Orange County

Great Plaza


Asking Price: Annual Revenue:
$349,000 $434,113

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Cuban Café For Sale - Fantástica Broker: Keith Lehmann

Quick Facts

Asking Price: $349,000
Annual Revenue: $434,113
Net Profit: Not Disclosed
Cash Flow: $202,112
Total Debt: Not Disclosed
FF&E: $110,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 3
BBN Listing #: 313055601
Broker Reference #: 53402254

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Business Overview:

Absolutely stunning and busy Cuban restaurant located in busy Winter Park, FL. Situated in a well leased and highly trafficked plaza next to a grocery store where the rent is under $3,400. This little 1,600 Square Feet powerhouse is fully equipped and loaded with enough equipment to do over $700,000 in sales, including a beer and wine license and a fully wrapped catering van. Of course, 2020 was an odd ball year and since 2021, they have reopened for window service/pick up only and are still going to do between $400,000 and $500,000 in 2021. Again, that is nearly a half a million out of the window only. All new interior tables etc. were purchased but never employed. Still in packaging. New Owner can modify the hours (currently only breakfast and lunch) and reopen the inside seating. Great location and delicious offerings keep the customers coming back again and again.

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Property Features and Assets:

Very affordable rent of $3,383 covers the 1,600 Square Feet unit plus a full-size storage trailer out back. Beautifully designed, built and maintained. Part of a fully leased and quite busy plaza next to the grocery store anchor. Plaza has a fantastic mix of national names and local businesses. Busy area of Winter Park near a heavy traffic intersection. There is almost nothing else one could ask for.

Market Competition and Expansion:

After the pandemic, the seller's decided to retire and move so they did not employ all the new seating for inside and opted to only utilize a front service window. Opening the dining area back up will easily bring the sales back to the over $725,000 that it was doing in 2019. Traditionally the hours have been for breakfast and lunch only. While there is a strong demand for dinner sales, the seller operate as a husband and wife team and simply cannot put in all those hours. They are also closed on Sundays. Catering can also be expanded since a catering van is also included in the sale.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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