Latin Restaurant in the Industrial area of Miami, Florida (42 years established).

For sale Latin Restaurant in industrial zone in Miami International Airport area in Florida.

- Since: 1981 (42 years in business).

- Location: Miami Dade County.

- Owner-operated business (family business).

- Schedule: Open Monday through Saturday from 6.00 am to 5.00 pm (Sundays closed).

- Type of food and others: Latin, international dishes, breakfasts, sandwiches, homemade desserts, coffees, wines and beers.

- Clients: Regulars, transient, business people, and private events.

- Employees: 6

- Reason for sale: The owner plans to retire.

- Training period after sale from seller to buyer: 30 days.

- Sale price: $ 320,000 (all included).

- 2022 Annual Sales: $ 510,200
- 2022 Annual Earnings SDE / P&L: $ 154,900

- Amount to be paid down (down payment): $ 290,000
- Owner-financed amount: $ 30,000

- Inventory: +/- 7,500 Included in Sales Price. 

- Equipment and furniture Market value: $ 175,000 (Bar, equipped kitchen, furniture, refrigerators, freezers, stereos, cameras, televisions, management computers, etc....

Very popular industrial area very close to Miami International Airport.
Parking spaces.
3,100 square feet (288 m²).

Monthly rental payment: $3,000

5-year lease with options to renew.