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Quick Facts
Asking Price: | $1,170,000 | |
Annual Revenue: | $2,162,550 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $497,305 | |
Total Debt: | Not Disclosed | |
FF&E: | 145,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1997 | |
Employees: | 12 | |
BBN Listing #: | 138062372 | |
Broker Reference #: | 130-21739 |
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Business Overview:
This is a unique opportunity to acquire a profitable Cuban restaurant in the South Bay Area! The restaurant serves authentic Cuban Cuisine. The restaurant also has a full bar and patio! Liquor License Included! The restaurant has an established reputation for delicious food and great customer service for the past 25 years. The restaurant is located in a large Shopping Plaza and is right off the freeway. It is closed to the So-Fi stadium, Redondo Beach Performing Arts Auditorium, Manhattan Beach, and many local corporate businesses attracting a lot of foot traffic! This is a perfect opportunity for another restaurant owner to grow through expansion or a buyer with restaurant experience looking to own their own business! Call Today!
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Property Features and Assets:
This business has a leased location of 2,400 square feet with a total monthly rental of $9,152. The seller is active in business with 10 Full Time and 2 Part Time employees. Hours of operation are 10:30am-10:00pm, Monday-Sunday. Included in asking price are $45,000 in inventory and $145,000 in equipment and fixtures.
Reason for Selling:
Seller wants to retire.
Additional Details:
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