Known Seafood Restaurant & Liquor Store In Miami Dade For Sale

Business description

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.

Property information

Premises details:

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.

Size in square feet:

2,073

Business Operation

Expansion potential:

New owner with energy can grow the business. The liquor store has a lot of potential.

Competition / Market:

There are other restaurants on the area. This restaurant is very well known and has a unique environment.

Reasons for selling:

Retirement

Trading hours:

Wed-Th (10a-11p); Fr-Sat (10a-1a);Sun(10a-12p

Employees:

FT:8 / PT: 8

Years established:

12

Other information

Support & training:

2 Weeks / $0 Cost

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Down Payment: $1,285,000. $200,000 x 24 @ 7%.

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$30,000