Retirement Sale! Iconic Miami Diner Only $299,000

Miami, FL
Miami Dade County

Asking Price: Annual Revenue:
$299,000 $1,068,250

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Retirement Sale! Iconic Miami Diner Only $299,000 Broker: Joseph Pinsker
Owner Financing is Available!

Quick Facts

Asking Price: $299,000
Annual Revenue: $1,068,250
Net Profit: Not Disclosed
Cash Flow: $165,997
Total Debt: Not Disclosed
FF&E: $195,000
Real Estate: Not Disclosed
Year Established: 1960
Employees: 18
BBN Listing #: 775755407
Broker Reference #: Not Disclosed

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Business Overview:

Very Successful, landmark Miami Diner priced to sell at $299,000.

After almost a half century of continuous operation, the Owner is finally selling this landmark Diner.

This very successful Diner is known for its great food, generous portions, and friendly service, with a very large and loyal customer base.

Since the Owner does not participate in the Diner's daily operation, and does no advertising/marketing, its new Owner can easily take this million dollar business to even new heights; and one that will give him the ability to earn a handsome living for many years to come, and all for an amazing price..............this is truly a one of a kind opportunity !

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Property Features and Assets:

The Diner contains 2,500 sq.ft. with 100 seats,and a fully equipped kitchen.It is located on a very busy street in a free standing building that is highly visible, has good parking,and an excellent long term lease. Monthly rent: $7,900 The Owner will stay on to fully train the Buyer so as to insure a smooth and successful transition.

Market Competition and Expansion:

There is no competition in the immediate area. is truly " one of a kind"! The Diner could significantly increase its profitability by staying open 24 hours a day, as there are no other Restaurants in the area that are open after 11:00 P.M.

Reason for Selling:


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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