Very Busy, Cool Restaurant in Edgewater/Wynwood

Not Disclosed, FL
Miami Dade County

Miami Dade County

Asking Price: Annual Revenue:
$270,000 $758,973

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Very Busy, Cool Restaurant in Edgewater/Wynwood Broker: Myriam Cohen

Quick Facts

Asking Price: $270,000
Annual Revenue: $758,973
Net Profit: Not Disclosed
Cash Flow: $204,320
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 12
BBN Listing #: 18234955
Broker Reference #: 1043-14805

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Business Overview:

Must See this Cool Restaurant! Very busy 1,000 square feet restaurant in Edgewater/Wynwood area, outside seating area, Beer and Wine license. Neighborhood is exploding with new apartment buildings and office space. 8 Full Time and 4 Part Time employees - all on the books, all revenues reported on the books. Excellent books and records. Buyer purchased business less than one year ago to obtain immigration visa and no longer needs business for this purpose. Seller is running business absentee. Has personnel in place for all functions. Perfect for Chef/Owner Operator with projected owner benefit $200,000++. Many upgrades have been done, including fresh exterior paint in typical "Wynwood" motif and interior upgrades. Seller will help transition business and help buyer obtain all the permits and licenses necessary.

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Property Features and Assets:

Total Assets Included: $19,000.

Reason for Selling:

Other Interests.

Additional Details:

  • The property is owned.
  • 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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