Miami Mortgage News

30- Latin Restaurant in South Miami

October 28th, 2016 6:09 PM by Nour Ailan

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This well known bakery in Miami for sale is netting more than $15,000 a month! Great business opportunity with lots more potential, currently running under absentee owner. USA Lending and Realty will offer training, knowledge, and experience. Call now for more information on this great cafeteria business opportunity and for more profitable business in South Florida.

To continue Reading this in Spanish Click the Following: Propiedad Para La Venta

This well known bakery in Miami for sale is netting more than $15,000 a month! Great business opportunity with lots more potential, currently running under absentee owner. USA Lending and Realty will offer training, knowledge, and experience. Call now for more information on this great cafeteria business opportunity and for more profitable business in South Florida.

$499, 000 + Inventory

  • Located in high traffic area inside shopping center, plenty of parking

  • Owner must sell!!

  • Total restaurant square footage is 5,100 sq.ft

  • Hours of operation Monday - Thursday 7:00am - 10:00 pm

  • Friday 7:00 - 11:00 Sunday 7:00 - 10:00

  • 20 full time employees 10 part time employees

  • owner works 50 hours a week

  • liquor license

  • Great for banquets, private dinners, corporate events, & much more!!

  • 203 seating

  • fully equipped kitchen

  • previous owners invested more than $450,000 inside

  • lease is 10 years

  • 7 plasmas great for sports events & 10' monitor

  • Open for Breakfast, Lunch & Dinner

  • Now doing happy hours!!

Financials

  • Yearly Gross: $1,800,000

  • Cost of Goods $630,000

  • Yearly Expenses

  • Accounting $15,000

  • Advertising $24,000

  • Insurance Buss $10,800

  • Licenses $3,000

  • Maintenance $4,000

  • Office Supply $720

  • Postage $240

  • Rental Equipment $3,600

  • Lease $219,588

  • Salaries $384,000

  • Telephone $3,900

  • Gas $45,600

  • FPL $45,600

  • Misc. $12,000

  • Total $772,048

  • Net Yearly Profit $397,952

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Posted by Nour Ailan on October 28th, 2016 6:09 PM

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