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- RE: Profitable Pinecrest Restaurant
- Contact: Eduardo Paz
Quick Facts
| Asking Price: | $490,000 | |
| Annual Revenue: | $888,876 | |
| Net Profit: | $184,676 | |
| Cash Flow: | $184,676 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $150,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 12 | |
| Employees: | 12 | |
| BBN Listing #: | 298748163 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Well known Cuban restaurant is available for sale in one of Miami-Dade’s most prestigious neighborhoods. The restaurant specializes in traditional Cuban pork dishes, from the cochinillo (suckling pig), to the crunchy ham croquettes that are handmade on the premises daily using homemade recipes. The menu includes such favorites as palomilla steak, arroz con frijoles (beans and rice), vaca frita de pollo (shredded chicken), pan con bistec (steak sandwich), and luscious desserts including flan, guava cheesecake, and queso blanco con mermelada (white cheese with marmalade). The restaurant generates good cashflow and 2021 revenues closed at pre-pandemic levels. The restaurant is moving a block away, also on South Dixie Highway (US-1) before the end of May. Ideal for an experienced restaurant entrepreneur seeking to acquire a restaurant with a great reputation in one of Miami-Dade’s highest per capita income neighborhoods.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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