MergerPlace

Miami Latin Club Bar and Lounge

Florida (Miami-Dade)


  • Asking Price: $395,000
  • Gross Income: $800,000
  • Cash Flow: $240,000
  • Real Estate: Not Disclosed
  • Inventory: $4,000
  • FF&E: $100,000
  • Listing ID: #206609
  • Established: 1988
  • Employees: 10

Business Description

Renown Latin club, bar and lounge nested in the heart of Little Havana. The Moulin Rouge of Miami is for sale, this business has no equal and no competition. Featuring the artists and stars from all over the world as: Mick Jagger, Jennifer Lopez, Madonna, Shakira, Gloria Estefan, Marc Anthony, Nicole Kidman, Pitbull to name a few. Theme and setting of the film "chef" with a 15 year lease at $2,430 a month on 3,200 sf of well used space. Once in a life time opportunity. Please refer to listing number 2201-376812 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: 1988
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 10

Financial Information

Asking Price: $395,000
Gross Revenue: $800,000
Cash Flow: $240,000
FF&E: $100,000
Inventory: $4,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 10600 Square Footage: 5500 Building Type: Strip Center Terms & Options: 2 five year options left Expiration Date: 7/31/2022

Reason for selling:

Change of profession

Support & Training:

Change of profession

Contact Business Seller

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Business Listed By:

Bill Manrique

Transworld Business Brokers