Company Overview
Established: 2003 (21 years in business)
Location: Miami-Dade County
Ownership: Family-run, owner-operated
Hours: Open daily from 7:00 AM to 8:00 PM (breakfast, lunch, and dinner)
Cuisine: Primarily Colombian, with homemade desserts, coffee, wine, and beer
Customer Base: Loyal regulars, walk-ins, long-time patrons, and business clientele
Employees: 9 well-trained staff members
Reason for Sale: Owner plans to retire
Training Period: 45 days of transition support provided by the owner
Financial Information
Asking Price: $225,000 (all-inclusive: equipment, inventory, contracts, etc.)
2022 Annual Revenue: $918,700
2022 Seller’s Discretionary Earnings (SDE): $179,100
2023 Annual Revenue: $977,400
Buyer Down Payment: $292,500
Seller Financing: $32,500
Inventory: +/- $8,500 included in the asking price
Estimated Market Value of Equipment & Furnishings:
+/- $185,000
Includes bar, fully equipped kitchen, furniture, refrigerators, freezers, sound systems, security cameras, TVs, POS computers, etc.
Facility Description
Excellent location in a busy shopping center with 24-hour McDonald’s, banks, pharmacy, supermarket, shops, insurance offices, dental clinics, and more
Plenty of spacious parking for customers and staff
Size: 1,750 Sq.Ft. (163 m²)
Monthly Rent: $9,945
Lease Terms: 5-year lease with renewal options