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Listing Number: 3825
Summary - Venezuelan restaurant for sale SOLD
A fast-casual restaurant for sale specializing in Venezuelan cuisine. Housed in a busy strip mall with plenty of parking space and easy access through major highways, near the homes of over 100,000 Latinos, which allows consistent sales year-round. Additionally, it has a significant footprint in social media that fuels takeout and delivery.The premises occupy approximately 1,700 square feet and have a well-decorated and warm atmosphere dining room for 40 guests.The restaurant has a fully equipped commercial kitchen and includes an 11 ft exhaust hood and grease trap. All the equipment is in perfect working condition. Moreover, the owner recently bought an empanada-making machine (it has not been installed yet) capable of making over 300 empanadas per hour. Lots of growth potential!The recipes are authentic Venezuelan with a high quality and a homemade (caserito) taste. To ensure consistency and cost control, the seller has documented all receipts. The restaurant has a Beer & wine license 2COP.A well-trained manager and six assistants manage the restaurant’s daily operations. The owner has little involvement in the day-day operations. The seller will train for two weeks at no cost to ensure a smooth transition. Clear books for easy due diligenceThe restaurant has all the ingredients for success. A new owner, however, will be able to develop it fully.
- Category:
- Sub-Category: Restaurants
- Asking Price: $250,000
- Gross Sales: $430,549
- Cash Flow: $29,325
- County: Miami-Dade
- Area: 1700 ft
- FFE: $230,000
- Inventory: $8,000
- Real Estate: $0
- Employees: 1 - Full-Time 6 - Part-Time
- Facilities: The restaurant is located in a fast-growing strip mall with easy access through major highways. Conveniently situated near the homes of over 100,000 Latinos, which allows consistent customer traffic year-round. The premise occupies approximately 1,700 square feet, has a well-decorated dining room for 40 guests, and a fully equipped commercial kitchen with an 11 ft exhaust hood and grease trap. All equipment is in perfect working conditions. Moreover, the owner recently bought an empanada-making machine (it has not been installed yet) capable of making over 300 empanadas per hour.
- Relocatable? Yes
- Home Based? No
- Market Notes: The restaurant is located in a fast-growing strip mall with easy access through major highways. Conveniently situated near the homes of over 100,000 Latinos, which allows consistent customer traffic year-round. The premises occupy approximately 1,700 square feet, have a well-decorated dining room for 40 guests, and a fully equipped commercial kitchen with an 11 ft exhaust hood and grease trap. All the equipment is in perfect working condition. Moreover, the owner recently bought an empanada-making machine (it has not been installed yet) capable of making over 300 empanadas per hour.
- Growth Notes: Online ordering would be a great way to generate additional revenue. The seller has already built a social media presence to increase online sales. Also, with the recent acquisition of an empanada-making machine capable of producing over 300 empanadas per hour, the seller believes he can sell the extra production on a B2B basis.
- Support Training: The seller will train for two weeks at no cost to help with a smooth transition.
- Year Established: 2017
- Financing Terms: Not available
- Reason for Selling: The seller must focus on his core business.
- Inventory Included: Yes
- Is Franchise No
- Lender Prequalified No
- Absentee Owner Yes
- Selling Financing? No
- Is FEE Included? Yes