Profitable Latin Restaurant for Sale in Miami! Earning's over $150,000

Miami, FL
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Asking Price:$550,000
Gross Revenue:$600,000
Cash Flow:$159,000
Rent:$10,500/Month
BUSINESS DESCRIPTION

Calling all restauranteurs! Take a look this Latin Restaurant for Sale in Miami Beach, FL. A highly successful independent concept, this opportunity is generating sales over $600,000 and earnings of $150,000 for the current owner. Restaurant has a warm and inviting entrance, with elegant wood tables and contemporary fixtures. It has a full kitchen ready to serve its strong clientele. Established in 2023, this Restaurant for Sale is a local opportunity with a loyal customer base that is ready for new ownership since the seller is retiring. The best part of an independent concept like this one? There are no royalty fees, ad fund fees or transfer fees! Recipes, name and concept transfer to you in the sale of this location offered by the Restaurant Brokers at We Sell Restaurants. We will also work with you to transfer or acquire the license to operate. Invest in your future with this Restaurant for Sale. Your investment will provide you the opportunity for success, and it doesn't even hurt that there are some perks to being your own boss! An independent concept like this Restaurant for Sale can be a rewarding business venture for someone passionate about owning a restaurant. Our preferred lenders will look at this listing for lending if you have strong credit and experience in the business. Then keep the current concept or develop your own! The choice is yours for this Restaurant for Sale. Either way, you know this opportunity was built from a strong foundation of success. Spent years working and managing a restaurant for someone else? You know you're ready for the independence of your own business, so why not this Restaurant for Sale. Put your talents and experience to work for you! The Restaurant for Sale resides in a 2,400 square foot space. Monthly rent is set at $10,500, and the current lease agreement is valid until 2031. The space also includes seating outside.
What are you waiting for? This Restaurant for Sale won't last long, so be sure to secure your offer. Call or email the restaurant brokers today!
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DETAILED INFORMATION
Location
Miami, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Lease Expiration
31/05/2031
Employees
4
Facilities
2 Fryers 6 burner stove grill 1 industrial wok 3 compartment sink commercial oven microwave 5 blenders rice cooker 4 prep tables Convection oven Dessert display slicer machine 2 glass door counter cooler 2 freezers ice machine 2 industrial freezers 2 industrial fridges 2 POS systems 6 flat screen TVs 3 high chairs flatware plates wood tables
Competition
High traffic area One block away from the beach Tourist and local residents Unique Latin Restaurant in the area
Growth & Expansion
Area is booming, new residential building and hotel opening within the next year.
Support & Training
2 weeks
Reason for Selling
Retirement
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Tania
Peck
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Tania Peck