Profitable Cuban Restaurant

Tallahassee, FL (Leon County) (Relocatable)

Profitable Cuban Restaurant
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Asking Price: $95,900

Cash Flow: $98,994

Gross Revenue: $337,526

EBITDA: $98,994

FF&E: $40,000

Inventory: $1,000

Rent: $3,069 /Month

Established: 1998

Profitable Cuban Restaurant

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Business Description

Popular Cuban Restaurant in Tallahassee since 1998! Sales average over 325k per year with excellent owner annual income of approx. 75k. Historically run as Mom and Pop with minimal employees. All equipment included, current beer and wine license can be transferred to new owner. New owners can expect good return on investment immediately. Owner willing to remain and train on daily food prep and service up to 14 days after sale to ensure smooth transition. Located in popular strip mall on extremely high trafficked major road. Approx. 1500 sq.ft with indoor and outdoor seating and high take out volume. Dedicated parking spaces for customers plus large parking lot. All equipment for daily production and physical fixtures includes booths, tables, carpeting, Hood and fire system, freezers, refrigeration, five sinks, grease trap, shelves, work tables, stove, grill, fryer, sandwich press, slicer, three air conditioners, ceiling fans, among others.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
3/11/2022
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Strip mall center
Support & Training:
2 weeks @ $0 cost
Reason for Selling:
Owner is retiring
Business Website:
http://www.ericsellmybusiness.com
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(from currently available funds)
 
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Eric Wayne

Business Listed By:
Eric Wayne

United Realty Group

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