Extremely Profitable Bar/Restaurant-SW Miami-Dade

Business
  • Listing# : 17680
  • Listed Price : $1,100,000
  • Total Sales : $1,947,133
  • SIC : 5812
  • Down Payment : $110,000
  • Status : Active
  • Discretionary Earnings : $287,700

Business Type :

Restaurants / American Restaurant; Liquor Related Biz / Bar/Restaurant

Business Description :

Reason for Sale: Retirement- Extremely Profitable Sports Bar/Restaurant Franchise in SW Miami-Dade- Established since 2013 & built out for $900K +. The franchise restaurant has a 4 COP SRX liquor License that can transfer to the new owner.  2023 Sales exceeded $1.9 million in sales with an owner benefit of $287K +. Great books & records. All employees on W2. Visa qualified. Currently the restaurant has 200 seats inside & 24 outside patio seats with 18 Flat screen TV's for 4,400 sq ft. Royalty is 5% & 2% advertising fee. Training can be done locally at the business. Franchise transfer fee $15K. A new owner would need to replace current owner as an owner operator. Lease extends to 2038.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $17,400
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $74,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $500,000
    • Incl : Yes
    • Total Assets $591,400
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Restaurants, Liquor Related Biz