MergerPlace

Profitable Ethnic Restaurant

Florida (Broward)


  • Asking Price: $250,000
  • Gross Income: $360,000
  • Cash Flow: $75,768
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $61,800
  • Listing ID: #201891
  • Established: 2016
  • Employees: 5 FT/3 PT

Business Description

#1 Puerto Rican restaurant in Broward County. Profitable business with a great reputation. Brand new cooking equipment with a newly renovated space. All the furniture is new including a great custom bar. 4 star on Yelp with over 100 reviews. Open 7 days a week from 11 am to 10 pm. Outstanding location with plenty of parking. The premier Puerto Rican restaurant in the Plantation area. They serve a variety of delicious food and drinks, including roasted pork, arroz con gandules, chuletas, mofongo, pork chops, Lechon Asado, Camarones al ajillo, coconut mojitos, kola champagne India and more. They take pride in serving high-quality foods that are prepared daily with fresh ingredients and Puerto Rican cocktails.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Broward

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5 FT/3 PT

Financial Information

Asking Price: $250,000
Gross Revenue: $360,000
Cash Flow: $75,768
FF&E: $61,800
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

With $55,000 in furniture, fixtures and equipment, it's appearance is second to none. Freshly painted with a newly renovated layout. Brand new kitchen equipment and tons of seating.

Growth & expansion opportunities:

Tons of potential for growth due to lack of marketing.

Competition:

There is no other Puerto Rican restaurant in the area.

Reason for selling:

The owner is moving back to Puerto Rico.

Support & Training:

Will train for 8 weeks @ no cost. Current on all necessary licenses to operate a full-service restaurant in Broward County including a liquor license.

Contact Business Seller

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Business Listed By:

Brad Coffman

Murphy Business Brokers