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Businesses For Sale   >>   Florida Businesses For Sale Categories   >>   

Latin American Family Restaurant

Location  Florida,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1500000
Net Profit / Cash Flow  $235276
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1900
Number of Employees  35 - 49
Inventory  200000
Relocatable  No
Number of Employees  35 - 49
Real Estate  Leased
Training  Negotiable.
Reason for Sale  Other interests.
Description  Latin American Family Restaurant. Well Known 200+ Seat Restaurant located in the heart of Miami. Established 11 years. This restaurant is recognized as a Miami institution as it has served hearty portions of Latin Food to the community for years. The owner is tired and wants to retire. He is looking for an experienced restaurant operator to continue the good-will and carry forward the name this famous restaurant has built in the community over the years. Serious Inquiries Only! Reason for Sale : Other Interests General Location : Miami Organization Type : Corp 'Sub S' Hours Owner Works: 40 Years Established : 11 Years Owned: 3 Emp FT: 12 Emp PT: 28 Mgrs: 0 Non Compete : Miles: 5 Years: 5 Weeks Training: 2 Cost: 0 Operating dys/hrs : 7am to 10pm Skills/Licenses : Restaurant Experience Lease/Month: 19200 Square Footage: 5,700 Building Type: Reail Terms & Options: Yes Expiration Date: 6/7/2021 Asking price: $495,000 Gross Revenues: $1,500,000 Net Profits: $235,276 You will be required to provide verification of your ability to purchase this business. You will be required to sign a Confidentiality Agreement prior to receiving additional information regarding this business.
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