Colombian Cafeteria Restaurant for sale in Miami Dade County, Florida

Miami, FL

Seller Financing Available

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Asking Price:$275,000
Gross Revenue:$591,400
Rent:$6,645
Established Year:1990
Cash Flow:$93,400
Inventory:$7,500
FF&E:$125,000
BUSINESS DESCRIPTION

For sale in Miami Dade County profitable Colombian Cafeteria and Restaurant in Prime Location.

Since: 1990 (34 years in business).

Popular Colombian Cafeteria and Restaurant Pub and Grill restaurant, known for its delicious food and great atmosphere, friendly staff and extensive menu of Colombian and Latin food.
Located in a bustling area with high foot traffic and strong community support (commercial, businesses, industrial and residential).

This turnkey operation offers a unique opportunity for a new owner to step in and continue its success.

Key Features:

Prime Location:
Situated in Miami Dade County very in a vibrant neighborhood with excellent visibility and accessibility,
Big Shopping Center with ample parking for local services business offices, restaurants other attractions than drive a steady flow of customers.

Cuisine:
Famous for its authentic Colombian food, with high-quality ingredients. The Cafeteria Restaurant's culinary offerings have garnered rave reviews and a loyal customer base.

Beverages:
Beers, Wines and Colombian beverages.

Turnkey Operation:
Fully equipped kitchen with appliances, well-maintained facilities, and a trained staff. Seamless transition for the new owner with ongoing support if needed.
Hours:
08.00 am to 5.00 pm every day.
(The Shopping Center's regulation allow you to open until 10.00 pm, but seller open until 5.00 pm).

Opportunities for Growth:
Expand marketing efforts to increase online presence and reach a broader audience. Introduce more delivery offer and catering services to capture additional market segments.
Host special events, live music, and themed nights to attract new patrons and increase repeat business.

Employees:
- 3 waitresses
- 3 Kitchen
- 1 Manager

Web Page: no
Media: no
UBER Eat, Door Dash or other Food sales platforms: yes
Google Reviews: 4.4

Finances:

- 2023 Sales: $ 591,400

- 2023 SDE (Seller Discretionary Earnings): $ 93,400

- Asking Sale Price: $ 275,000

- Prospect Buyer Down Payment (Equity): $ 235,000

- Owner Financing (Seller Note): TBD

- Inventory: +/- $ 7,900 Included in the sale price.

- Equipment and Machine market value: $ 125,000 Bar, Full Kitchen equipped, Furniture, walking Cooler, Freezers, Storage, Music Equipment, TVs, Security Camaras System, etc.

Reason for Selling: Owners are planning to retire.

Support & Training:
Owners are willing to stay for Period of Time to ensure comprehensive training to buyer(s).

Facilities:
- Big Shopping Center, with fast food restaurants, childrens day care, nail and beauty services, insurances offices, medical services, lliquors store, other Latin Restaurants, and others
- 1,300 Sq. Ft.
- 45 seats (in tables and bar).
- $6,645 Monthly Rent (water, maintenace, garvage service included)
- Long term lease agreement, renewable every 5 years.


DETAILED INFORMATION
Location
Miami, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,300
Lease Expiration
31/12/2029
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Big Shopping Center, with fast food restaurants, childrens day care, nail and beauty services, insurances offices, medical services, lliquors store, other Latin Restaurants, and others - 1,300 Sq. Ft. - 45 seats (in tables and bar). - $6,645 Monthly Rent (water, maintenace, garvage service included) - Long term lease agreement, renewable every 5 years.
Financing
No more than 15% of asking price
Support & Training
Owners are willing to stay for Period of Time to ensure comprehensive training to buyer(s).
Reason for Selling
Owners are planning to retire.
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Jose Carlos
Perez
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Jose Carlos Perez