Favorite Spot For Latin Cuisine-Catering/Take-out
Miami, FL Miami-dade County
Located in A Shopping Plaza near UM
Seller's Contact Information
- RE: Favorite Spot For Latin Cuisine-Catering/Take-out
- Contact: Raquel
- License #: 3310893
Quick Facts
| Asking Price: | $375,000 | |
| Annual Revenue: | $1,029,609 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $170,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 60,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | 10 | |
| BBN Listing #: | 166955239 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
This business has been serving breakfast, lunch, and dinner to satisfied customers since 1990. It is Open 7 days a week till 8.30PM. Good visibility with large windows. Immense and fully-equipped industrial kitchen. The restaurant is very well organized in 3 parts with displays for self-service, ready-made meals, a seating area, and the retail gourmet market. They have both beer and wine license in place. As well, there is an open window at the front of the restaurant for the take-out option. It's success is known for its outstanding latin-cuban cuisine, self-service, and ready-made meals in a friendly atmosphere.
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Property Features and Assets:
This restaurant is well known among the students from UM as well as high-end customers from the surrounding wealthy neighborhoods. The corporate clients order for holiday events. This restaurant offers take-out, deliveries with Uber Eats, Grubhub, Postmate, catering and on site seating (32 seats). In addition, inside is a mini gourmet market where they sell all types of wines and other specialties.
Market Competition and Expansion:
Opportunity to grow with all different types of catering options, take-out, and deliveries. The kitchen is not at full capacity therefore there is more room for more. With added social marketing, this business can attract increased customer flow and corporate customers. The menu can be upgraded with more variety of meals.
Reason for Selling:
Retiring and Recolating
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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