Profitable French Bistro Available

Miami, FL (Miami-Dade County)

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Asking Price: $395,000

Cash Flow: $554,433

Gross Revenue: $799,654

EBITDA: $156,718

FF&E: $150,000

Inventory: $4,000

Rent: $3,575 /Month

Established: 2010

Profitable French Bistro Available

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Business Description

PROFITABLE RESTAURANT FOR SALE

Excellent French Restaurant well established and very profitable ! Business is well located and stable, as it has been profitable for many years. Clean accounting and tax returns available. Owner is chef. Sous-Chef could take over the kitchen. Same staff in place for many years. Submit NDA and Proof of funds for more info!

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Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
2/25/2028
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Over $150,000 in asset, with over $50,000 in lease improvement.
Competition:
No other French Restaurant in the area.
Growth & Expansion:
After almost 10 years, owner is running out of fuel. A new owner could easily boost sales.
Financing:
Business may qualify for SBA and E2 Visa. Please inquire with your bank/attorney
Support & Training:
Seller will stay and train for 2 weeks at no cost
Reason for Selling:
Owner is relocating up North.
Business Website:
http://www.BBofM.com
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Business Listed By:
Thierry Pauquet de Villejust

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