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Known Seafood Restaurant & Liquor Store for sale in Miami-Dade, FL

Miami-Dade, Florida (FL)

Asking Price: Gross: Cash Flow:
$ 1,485,000 $ 1,800,394 $ 445,203

Furniture and Fixtures Value:
$ 100,000 (included in the asking price)

Inventory Value:
$ 30,000 (not included in the asking price)

Business Summary:
One of the most popular seafood restaurants in the area. Located near a major highway. Established 12 years ago. Excellent party environment with music and live shows. Included in the business are a liquor store which has not been fully exploited and a fish market. The business is very profitable. Clean books and records. 4 cop license included in the sale. Very confidential, prospects must prequalify. 2011 numbers projected based on July financials.

 

   
Year Business was Established: 1999
   
Number of Employees: FT:8 / PT: 8  
   
Facilities / Terms of Lease: Stand alone building. The restaurant is located close to major highway and has a water front. Has its own parking. The lot has 5,712 SQF.  
   
Potential Growth/Expansion: New owner with energy can grow the business. The liquor store has a lot of potential.  
   
Competition: There are other restaurants on the area. This restaurant is very well known and has a unique environment.  
   
Owner willing to finance: Down Payment: $1,285,000. $200,000 x 24 @ 7%.  
   
Owner willing to train: 2 Weeks / $0 Cost  
   
Reason for selling: Retirement  
   
Seller Reference Number: 1040-7327
BusinessMart.com Listing Number: 110107
 

 

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For more info contact:

Roger Murphy

Murphy Business & Financial Services
727-725-7090

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