Latin Restaurant for Sale in Miami

Miami, FL
Miami Dade County

Asking Price: Annual Revenue:
$1,200,000 $2,757,924

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Latin Restaurant for Sale in Miami Broker: Jonathan Remien
License #: BK708920
Owner Financing is Available!
$240,000 12 months 6%

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $2,757,924
Net Profit: $269,496
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $280,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 33
BBN Listing #: 51511249
Broker Reference #: 134-08952

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Business Overview:

Here is your opportunity to acquire a very profitable chicken and meats franchise restaurant with capacity for 130 seats. 4 Bathrooms, 2 back doors for receiving. This location is part of a franchise group. The franchisor's objective is to sell their corporate-owned stores, so they can focus on expanding their franchise to more customers throughout Florida and beyond. Opened in 2020 during COVID-19. Business is growing and the FF&E is in like-new condition. Location with modern equipment set up in high traffic avenue. This popular franchise is continuing to expand throughout the state, and now you can be a part of it, so there is a true upside for a hands-on owner/operator or family-owned operation. If you choose not to be part of the franchise, you will be able to keep the menu that is currently in place but will not be included in any franchise updates. You will be an independent operator. If you choose to stay part of the franchise, there will be a $30,000 fee and 4% royalty due. If you choose not to be part of the group, you will be obligate to change the business name. Buyer should have strong financials and experience. More information available with completed NDA and POF. 2022 Numbers are annualized from 1st Quarter of 2022 P&L.

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Property Features and Assets:

Located in a shopping center

Reason for Selling:

Pursue more franchising opportunities

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 a franchise resale opportunity.

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