Extremely Profitable Bar/Restaurant-SW Miami-Dade
Florida
| Asking Price: |
Gross: |
Cash Flow: |
| $1,100,000 |
$1,947,133 |
$287,700 |
Furniture and Fixtures Value:
$74,000 (included in the asking price)
Inventory Value:
$17,400 (included in the asking price)
Business Summary:
Reason for Sale: Retirement- Extremely Profitable Sports Bar/Restaurant Franchise in SW Miami-Dade- Established since 2013 & built out for $900K +. The franchise restaurant has a 4 COP SRX liquor License that can transfer to the new owner. 2023 Sales exceeded $1.9 million in sales with an owner benefit of $287K +. Great books & records. All employees on W2. Visa qualified. Currently the restaurant has 200 seats inside & 24 outside patio seats with 18 Flat screen TV's for 4,400 sq ft. Royalty is 5% & 2% advertising fee. Training can be done locally at the business. Franchise transfer fee $15K. A new owner would need to replace current owner as an owner operator. Lease extends to 2038.
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| Year
Business was Established: 2013 |
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| Number of Employees:
20 FT |
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| Facilities / Terms of Lease:
Rent $14,115- Lease expires 9/23 -4,400 sq ft- Three- 5 yr. options. |
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| Owner
willing to finance:
Lender pre-screened with $110K down. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Retirement. |
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| REQUEST MORE INFO |
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