MergerPlace

Traditional Restaurant Lounge

Florida (Miami-Dade)


  • Asking Price: $280,000
  • Gross Income: $480,000
  • Cash Flow: $120,000
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $400,000
  • Listing ID: #201122
  • Established: 1981
  • Employees: 12

Business Description

Brand name traditional restaurant/lounge/night club operating in Miami for the last 36 years. Featuring 4,500 sf of space, 1,500 sf kitchen, huge bar, 4-COP liquor license, light and sounds equipment in place, stage, event room, plenty of parking, and plenty of loyal customers. Priced to sell quick! Please refer to listing number 2201-82935 and advisor Bill Manrique when inquiring.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Miami-Dade

Company Information

Year Established: 1981
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12

Financial Information

Asking Price: $280,000
Gross Revenue: $480,000
Cash Flow: $120,000
FF&E: $400,000
Inventory: $10,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 6000 Square Footage: 4500 Building Type: COMMRC Terms & Options: 5 YEAR OPT. Expiration Date: 7/27/2026

Reason for selling:

Retirement

Support & Training:

Seller will train for four weeks at no additional cost

Contact Business Seller

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Business Listed By:

Bill Manrique

Transworld Business Brokers