Listing ID: 79512
Profitable and well-established Restaurants available in Miami and Broward with a Gross Income of $400,000 to $1,000,000+ and Net Income of $75,000 to $300,000 a year. Prices range from $200,000 to $500,000. There are Latin Restaurants, Asian, American , Cafes and others Contact me at 954-775-2554 for profiles on Available Restaurants in your your price range.
These businesses are in excellent Locations such as Shopping Centers with Major Anchors, Major Malls, and locations where there is a lot of foot traffic, many of the stores have major build outs. Call me at 954-775-2554. Visit my website at: www.remax-business.com
These are easy businesses to not many employees and they are easy to run and fully staffed.
I am very familiar with this business. I will Coordinate all showings, help you negotiate a deal, refer you to closing attorneys, Immigration attorneys if you are in need of an E2 or EB5 Visa. You will not pay any more money for the business as the seller pays the commission. You have everything to gain and nothing to lose. I speak English Spanish, French and Arabic.
I am an Elite Broker with Broker Works and I head the RE/MAX Business Team at RE/MAX FIRST which has three offices in South Florida. RE/MAX is one of the Biggest Commercial Agents in the World with a network of 130,000 Agents and I have access to a lot of Restaurants. I have an excellent business background having been a former Vice President of a Fortune 5 Securities Firm.
Buying a business is complex and having someone on your side who understands, the small business and deal making is especially important. Check out my website for more information www.remax-business.com
- Asking Price: $200,000
- Cash Flow: N/A
- Gross Revenue: $400,000
- EBITDA: $100,000
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
all equipment included in sale.
Typically two weeks to a month.
Why is the Current Owner Selling The Business?
There are all sorts of reasons people resolve to sell operating businesses. Nevertheless, the genuine factor vs the one they tell you might be 2 completely different things. As an example, they might claim "I have way too many various commitments" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these may just be reasons to attempt to conceal the reality of altering demographics, increased competitors, recent decrease in revenues, or an array of various other reasons. This is why it is very important that you not count absolutely on a seller's word, yet rather, make use of the seller's solution in conjunction with your general due diligence. This will repaint a much more realistic picture of the business's present scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your deal. Many companies finance loans in order to cover points such as supplies, payroll, accounts payable, etc. Keep in mind that in some cases this can indicate that earnings margins are too tight. Numerous companies fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with suppliers that must be satisfied or may result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the area draw in new consumers? Often times, operating businesses have repeat consumers, which develop the core of their daily profits. Certain variables such as new competitors sprouting up around the location, roadway construction, and also personnel turn over can impact repeat customers as well as adversely impact future revenues. One important point to think about is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more people that see the business on a regular basis, the better the opportunity to build a returning client base. A last idea is the general location demographics. Is the business located in a densely populated city, or is it situated on the outside border of town? How might the regional average house income influence future income potential?