Successful Latin Food Restaurant

Not Disclosed, FL
Miami Dade County

Miami-Dade County


Asking Price: Annual Revenue:
$565,000 $701,204

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Successful Latin Food Restaurant Broker: Andy Fischer
Owner Financing is Available!
$465,000 down/$100,000 over 12 months @ 6%.

Quick Facts

Asking Price: $565,000
Annual Revenue: $701,204
Net Profit: Not Disclosed
Cash Flow: $226,562
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 7
BBN Listing #: 34974955
Broker Reference #: 1040-16064

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Business Overview:

Well known Latin Restaurant established since 1996. The restaurant is very well known and among the costumers you will find politicians, business people, baseball players, actors and singers. Excellent internet reviews the restaurant seats 67 people. Karaoke on Fridays and live music on Saturdays. The restaurant has beer and wine license. The restaurant has been serving food for the visiting team at the Marlins stadium for 18 years as the food is a favorite of baseball players. During the pandemic they have downsized the operation and the revenues and profitability have remained strong. Great opportunity for a new owner with energy to take over a successful business.

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Property Features and Assets:

The business is conveniently located in a strip mall with great traffic and ample parking. The business has been established in the same place since 1996. Convenient rent for only $3,835. Assets = $111,000

Market Competition and Expansion:

There are other offerings of Latin food in the area. However this restaurant is unique in its history, customers and the quality of the food. There is a possibility to expand the restaurant taking the next location. The bar can be improved and a 4 COP license can be purchased. More digital marketing can be implemented to bring more costumers.

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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