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- RE: Argentinian, Latin American Restaurant And Bakery
- Contact: Jorge Benejam
Quick Facts
Asking Price: | $249,000 | |
Annual Revenue: | $652,047 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $156,513 | |
Total Debt: | Not Disclosed | |
FF&E: | $90,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2007 | |
Employees: | 5 | |
BBN Listing #: | 949625 | |
Broker Reference #: | 1055-18439 |
Business Overview:
Excellent location on the intracoastal, ample parking, a shopping center specialized in restaurants. Located in the middle of the shopping, front of the entrance. Patio outside with seats and tables. Internally ample restaurant for more than 17 years. Wine and Beer license. Liquor license. An extra space recently converted on Argentinian, Peruvian restaurant to offer more variety and extra income. Also, have a Bakery with a lot of activity. All with excellent reviews in social media. Seller is open to negotiate and make a deal with different options; to finance the business, to give for one year rental with option to purchase the business or make a complete discount on the whole business. Make an offer. Seller motivated. Lot of opportunities.
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Property Features and Assets:
Ample space 2,850 sq ft plus extra patio area, for approximately $9,000, with a strategic location on the intracoastal, 2 restaurants in 2 separate spaces, one kitchen in common. Landlord is flexible and negotiate the lease.
Assets = $150,000
Market Competition and Expansion:
Lot of restaurants, but it differentiate by customer service, quality and flavor of food and excellent relationship with customers.
Social media expansion including Argentinian restaurant and bakery. Some targeting marketing campaign locally. Potential delivery services.
Reason for Selling:
Seller has other business interest.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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