MergerPlace

Profitable Cuban Restaurant

Tallahassee, Florida (Leon)


  • Asking Price: $95,900
  • Gross Income: $337,526
  • Cash Flow: $98,994
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $40,000
  • Listing ID: #212742
  • Established: 1998
  • Employees: 4

Business Description

Popular Cuban Restaurant in Tallahassee since 1998! Sales average over 325k per year with excellent owner annual income of approx. 75k. Historically run as Mom and Pop with minimal employees. All equipment included, current beer and wine license can be transferred to new owner. New owners can expect good return on investment immediately. Owner willing to remain and train on daily food prep and service up to 14 days after sale to ensure smooth transition. Located in popular strip mall on extremely high trafficked major road. Approx. 1500 sq.ft with indoor and outdoor seating and high take out volume. Dedicated parking spaces for customers plus large parking lot. All equipment for daily production and physical fixtures includes booths, tables, carpeting, Hood and fire system, freezers, refrigeration, five sinks, grease trap, shelves, work tables, stove, grill, fryer, sandwich press, slicer, three air conditioners, ceiling fans, among others.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
Metropolitan Area: Tallahassee
County: Leon

Company Information

Year Established: 1998
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 4

Financial Information

Asking Price: $95,900
Gross Revenue: $337,526
Cash Flow: $98,994
EBITDA: $98,994
FF&E: $40,000
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

Strip mall center

Reason for selling:

Owner is retiring

Support & Training:

2 weeks @ $0 cost

Contact Business Seller

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Business Listed By:

Eric Wayne

United Realty Group