Poke Bowl Restaurant for Sale in Miami nets $144K

Miami, FL
Miami Dade County


Asking Price: Annual Revenue:
$349,000 $752,629

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Poke Bowl Restaurant for Sale in Miami nets $144K Broker: Ken Eisenband

Quick Facts

Asking Price: $349,000
Annual Revenue: $752,629
Net Profit: Not Disclosed
Cash Flow: $145,713
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 10
BBN Listing #: 59458096
Broker Reference #: 9113

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Business Overview:

Located in an upscale community in Miami, Florida, this Poke Bowl Restaurant for Sale is absentee run and returning six figures to the owner.

The Poke Bowl restaurant opened for business in 2019 and saw immediate success. In 2021 the restaurant achieved sales of $752,629 with a net to the absentee owner of $144,076. In 2020 sales were $678,140, with seller’s discretionary earnings of $116,219. An owner operator can expect higher returns.

The restaurant utilizes third party delivery options and guests can visit the website to view the menu and order online. The website will transfer at time of sale. The build-out of this Restaurant for Sale spared no expenses. The refrigeration is all commercial grade, the grease trap is inground and the dining room furniture is of the highest quality.

The growth of the Poke concept has been remarkable. The increase is expected to continue in the coming years with an estimate of 8% growth in the coming year. This growth stems from the healthy aspects of the product and the way that the product is served. Fast casual restaurants have seen the greatest sales increases in the industry over the last few years. This Poke Bowl Restaurant for Sale offered by We Sell Restaurants is a perfect fit for the current trends in the restaurant industry. The menu at this restaurant for sale consists of custom bowls, Bao Buns, Noodle Bowls, Desserts, Sides, and Beverages. The restaurant has a 2COP license and offers, beer, wine, and sake to its guests. The custom Poke Bowls are the star of the menu. The customers choose from six bases, ten proteins, multiple sauces, 14 toppings, and five dressings to create their own masterpiece. The bowl is prepared in front of the guest with the freshest ingredients. The owners of this restaurant believe in using seafood and paper goods that are sustainable. At the time of sale, the sellers will provide ten days of training at no additional cost.

This Restaurant for Sale is in a desirable section of Miami. The three-mile radius population is 98,812 with an average household income of $90,473. This is the perfect market for the product offerings. The restaurant occupies 1,310 square feet of space and seat 28 guests inside and 8 guests outside. There is no exhaust hood needed in this concept, but there is a grease trap located inground. The monthly rent including all CAMS and Taxes is $8,506. The current lease expires on July 31, 2024, and there is a five year and two year option attached.

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Property Features and Assets:

3 tables 11 chairs 3 booths 3 outdoor tables 8 outdoor chairs garbage receptacle 2 high chairs 12 high top chairs high chair grab and go cooler three screen digital menu 2 rice warmer 2 coolers for toppings prep table with built in sink clover system keg box 2 two door low boy cooler 2 soup kettle warmers television chips display microwave two door freezer prep table 2 two door low boy cooler three compartment sink SS shelving units assorted pots pans utensils single compartment sink step ladder two door storage

Market Competition and Expansion:

The Poke Bowl Concept has been forecasted to continue growth at 8% per year for the next few years.

Reason for Selling:

Other

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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