Semi-Absentee Specialty Restaurant & Bakery
Price: $792,000
Location: Miami area
Industry: Restaurants and Other Eating Places
Listing ID: 75600179
Listing Status: New
Here is a niche restaurant/bakery prime for expansion! Excellent systems and processes in place, all of which are digitally established and logged, and over 1,500 reviews on Google with 4.7 stars. Main location is full-service, with a weekend brunch that helps drive revenue; second location is just for retail sales and has no production on site there. Online sales capabilities in place, but is not pushed, though there are some small peaks during the holiday season. Seller is not actively working in business day-to-day and has not since January 2024. Seller-financing offered at Seller's sole discretion. Annualized numbers shown based on Jan-Sept 2024 P&L. More info available with NDA and PFS.
Down Payment: $396,000
Cash Flow: $368,360
FFE: $263,000
FFE Included: Yes
Inventory: $42,000
Inventory Included: Yes
Year Established: 2016
Days & Hours of Operation: Monday-Sunday
Owner Hours Per Week: 10
Managers: 1
Monthly Rent: $20,019
Square Footage: 2674
Reason For Sale: Discuss with Seller
Training & Support: 2 weeks, no cost
Financing/Terms: Seller-financing offered at seller's sole discretion (50% down and 50% financed for 60 months at 7%)