Favorite Spot for Latin Cuisine-Catering/Take-out

South Miami, FL
Miami Dade County

Located in A Shopping Plaza near UM

Asking Price: Annual Revenue:
$375,000 $1,029,609

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Favorite Spot for Latin Cuisine-Catering/Take-out Broker: 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

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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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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