Company Overview
- Industry: Mexican cuisine, part of the $88.1B U.S. Latin restaurant market (2023)
- Location: South Miami, Florida
- Established: 2021
- Licenses: Full Liquor License (4COP) and Beer & Wine License (2COP)
- Menu: High-quality, authentic Mexican cuisine
- Customer Base: Loyal and growing
- Operation: Turnkey, fully equipped, and staffed
- Employees: 15 (including owner)
- Ideal For: Experienced operators or investors seeking a profitable entry into Miami’s dining scene
Financial Information
- 2024 Sales: $1,249,050
- Cost of Goods Sold (COGS): $472,966
- Operating Expenses: $630,991
- Ordinary Business Income (OBI): $145,093
- Add-Backs: $149,500
- Seller Discretionary Earnings (SDE): $294,593
- Asking Price: $685,000
Facility Description
- Total Area: 2,560 sq. ft. (239 m²)
- Bar: 18 stools
- Indoor Seating: 28 tables / 112 chairs
- Outdoor Seating: 9 tables / 28 chairs
- Kitchen Size: 1,150 sq. ft. (107 m²)
- Equipment: Full industrial kitchen, walk-in cooler, complete restaurant equipment, and city gas
- Monthly Rent: $9,034
- Lease: Long-term
- Reason for Selling: Retirement