Usa Lending

Latin Restaurant in South Miami


$499, 000 + Inventory

Latin cafeteria for sale!

High netting Latin cafeteria for sale in Miami. This profitable cafeteria is located on a main intersection in the booming city of Hialeah.  High visibility with an excellent corner location in a strip center in South Miami. This well known restaurant serves breakfast, lunch, and dinner 24 hours a day to their loyal clientele.  Fully equipped kitchen and lots of storage walk-in freezers.  This Cafeteria- Bakery offers Fresh Cuban bread made daily, deli sandwiches, grilled fresh fish, excellent steak, fresh salads, fresh squeezed natural juices, deli catering, special occasion cakes, empanada, pastelitos, gourmet deserts, and much more all at affordable prices.

 

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.

 

  • 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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