Popular Steak House

Miami, FL
Miami Dade County

Asking Price: Annual Revenue:
$240,000 $1,140,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular Steak House Broker: Jesse Peraza

Quick Facts

Asking Price: $240,000
Annual Revenue: $1,140,000
Net Profit: Not Disclosed
Cash Flow: $266,245
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 7
BBN Listing #: 4576630
Broker Reference #: 2201622824

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Business Overview:

Popular steak house on main east west artery to Miami Beach north. Seller has priced for quick sale .Well organized and good books with staff in place and cook/part manager.Very busy plaza caters to local businesses and tourists from Miami Beach hotels for lunch and dinner. Established 3 years by well known restaurateur current owners bought 1.5 years ago and have decide to sell and consolidate their holdings and buy in to bigger venture.MOTIVATED SELLERS Please refer to listing # 2201622824, business Broker Jesse Peraza when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $11,400; Square Footage: 2,300; Building Type: STRIP CENTER; Terms & Options: 2X5 Year; Expiration Date: 12/31/2020.

Market Competition and Expansion:

Non Compete : Miles: 100 Years: 3

Reason for Selling:

Consolidating Business Interest.

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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