MergerPlace

Colombian Restaurant Since 2003

Florida (Miami-Dade)


  • Asking Price: $138,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $500
  • FF&E: $100,000
  • Listing ID: #221034
  • Established: 2003
  • Employees: 5 FT / 3 PT

Business Description

Beautiful Colombian restaurant for sale in Miami-Dade County. The business is operating and is being sold as an asset sale. This Colombian restaurant has operated in same location since 2003. Recently renovated, equipment in excellent condition and all permits up to date. Equipment includes hood, several TV's and sound. Excellent location, easy to locate, ample parking, load and unload area on a high traffic street, close to a hospital and Turnpike. Important Latin population in the area. Restaurant seats 70 people. Beer and wine license. Being sold as an asset sale because Buyer will need to change the name. Asking price is below the cost of setting up a new restaurant. Great Opportunity.


Business Details

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

Company Information

Year Established: 2003
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5 FT / 3 PT

Financial Information

Asking Price: $138,000
FF&E: $100,000
Inventory: $500
Seller Financing Available: Yes

Property Information

Facilities:

The restaurant is located in a strip mall with great location. The space is 1,964 sq ft and the rent is $5,005 (including CAM and taxes).

Growth & expansion opportunities:

This location has a great potential. A dedicated owner can grow the business. Also, currently the restaurant doesn't offer breakfast nor delivery. These are two great opportunities to grow the business.

Competition:

This is a well know Colombian restaurant in the area. Known by the quality of food and the quality of service.

Reason for selling:

Seller is moving out of the country.

Support & Training:

Will train for 1 week @ no cost Restaurant management skills are a plus in this type of business. The business has all the licenses required to operate a restaurant. All the licenses are up to date, including: beer and wine, fire, hotel and restaurant (DBPR), grease trap.

Contact Business Seller

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Business Listed By:

Andy Fischer

Murphy Business Brokers