Latin Restaurant in Miami Nets $185,407 Priced A $490k

Miami, FL
listing image
Asking Price:$490,000
Inventory:$1,000
FF&E:$200,000
Gross Revenue:$909,535
EBITDA:$185,407
Established Year:2016
BUSINESS DESCRIPTION

ESTABLISHED LATIN RESTAURANT LOCATED IN A BUSY PLAZA IN MIAMI. NETS $185,407 ON TAX RETURN WITH SALES OF $905,535,000 AND PRICED AT $490,000. THERE IS A FULLY EQUIPED KITCHEN WITH A HOOD AND GREASE TRAP. THE BUSINESS HAS A BEER AND WINE LICENSE. THERE ARE 7 EMPLOYEES AND ONE MANAGER. THE SELLER WORKS ONLY THREE HOURS A WEEK. LOTS OF REPEAT LOYAL CUSTOMERS


DETAILED INFORMATION
Location
Miami, FL
Inventory
Included in asking price
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2,100 SQ FEET WITH A RENT OF $7,600
Support & Training
TWO WEEKS OF TRAININGS AT NO COST
Reason for Selling
SELLER IS RELOCATING
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MIKE FINKEL
FINKEL BROKERS
MIKE FINKEL