Modern Bistro
Location Florida,United States
Asking Price Range < $250K
Gross Revenues $624000
Net Profit / Cash Flow $99279
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1900
Number of Employees 6 - 9
Inventory 100000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Negotiable
Reason for Sale Partnership Dispute
Description Modern Bistro Hot Spot-South Beach. Currently Ranked as Top 5 Restaurant in Miami by Yelp, Trip Advisor, & Miami New Times. Reason for sale: partnership dispute. Features small plates made with locally sourced, sustainable ingredients, an eclectic wine list and seasonal beer selection. Best location in South Beach. 30 Seats Inside and 30 Seats Outside. Full Kitchen. Cash Flowing and Turn Key Operation. Top Chef, Concept, and Menu to Stay in Place if desired. Will likely Qualify for a VISA.
Reason for Sale : Partnership
General Location : Miami Beach
Organization Type : Corp 'Sub S' Hours Owner Works: 40
Years Established : 1 Years Owned: 1 Emp FT: 8 Emp PT: 0 Mgrs: 0
Non Compete : Miles: 0 Years: 0 Weeks Training: 1 Cost: 0
Operating dys/hrs : 6pm to 12am
Skills/Licenses : Restaurant Experience
Lease/Month: 5750 Square Footage: 750 Building Type: Retail + Outside
Terms & Options: Yes Expiration Date: 8/30/2013
ASKING PRICE: $249,000 Gross Revenues: $624,000 Net Profits: $99,279
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this business*****
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