International Business Group LLC
Listed by International Business Group LLC
$189,000
Latin Restaurant
Details
Property Type Business for Sale, Retail
Sub Type Business Only, Restaurant
NOI $127,000
Business for Sale
Marketing description
A unique opportunity to acquire a prestigious Latin American restaurant located on the iconic West Flagler Street in Miami. With more than 14 years of operation, the business has a strong local customer base and consistent sales, generating more than $670,000 in annual revenue and more than $127,000 in seller discretionary benefits (SDE). The restaurant operates out of a 1,860-square-foot space in a popular shopping mall and features both outdoor and indoor seating, shortcut cold room, freezer, and a large 16-foot commercial range hood in its fully equipped kitchen. All licenses are active, including the one for the sale of beer and wine. The facilities comply with all regulations. This is a really turnkey operation in which the salesperson offers a month of training while all employees would be willing to stay in their positions. The investment would allow the buyer to opt for the visa to the U.S.
Listing Contacts
International Business Group LLC
Listed by International Business Group LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$127,000.00
$10,583.33/mo
Valuation Metrics
0
DSCR
67.2%
Cap Rate
67.2%
ROI
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