Business For Sale

Iconic Miami Restaurant

Not Disclosed, FL
Miami Dade County


Asking Price: Annual Revenue:
$696,000 $1,162,431

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Iconic Miami Restaurant Broker: Ralph Geronimo

Quick Facts

Asking Price: $696,000
Annual Revenue: $1,162,431
Net Profit: Not Disclosed
Cash Flow: $232,486
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1983
Employees: 27
BBN Listing #: 9028630
Broker Reference #: 2201389811

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Business Overview:

Iconic restaurant in a high income demographic area. Offering breakfast-lunch and dinner seven (7) days a week. Draft beer and wine selections too. Located in one of the most popular centers in the Miami area known for its retail customer service, retailers, and restaurants. Near the restaurant is a post office, chain drug store, barber, banks, and more! Parking is excellent. Name, decor and time in place make this a truly singular, restaurant offering. None like it! Please refer to listing number 2201-389811 and advisor Ralph Geronimo when inquiring.

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Property Features and Assets:

Lease/Month: $17,000; Square Footage: 1,574; Building Type: Strip Center; Terms & Options: 0; Expiration Date: 8/31/2027.

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.

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