October 28th, 2016 6:09 PM by Nour Ailan
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This well known bakery in Miami for sale is netting more than $15,000 a month! Great business opportunity with lots more potential, currently running under absentee owner. USA Lending and Realty will offer training, knowledge, and experience. Call now for more information on this great cafeteria business opportunity and for more profitable business in South Florida.
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$499, 000 + Inventory
Located in high traffic area inside shopping center, plenty of parking
Owner must sell!!
Total restaurant square footage is 5,100 sq.ft
Hours of operation Monday - Thursday 7:00am - 10:00 pm
Friday 7:00 - 11:00 Sunday 7:00 - 10:00
20 full time employees 10 part time employees
owner works 50 hours a week
liquor license
Great for banquets, private dinners, corporate events, & much more!!
203 seating
fully equipped kitchen
previous owners invested more than $450,000 inside
lease is 10 years
7 plasmas great for sports events & 10' monitor
Open for Breakfast, Lunch & Dinner
Now doing happy hours!!
Financials
Yearly Gross: $1,800,000
Cost of Goods $630,000
Yearly Expenses
Accounting $15,000
Advertising $24,000
Insurance Buss $10,800
Licenses $3,000
Maintenance $4,000
Office Supply $720
Postage $240
Rental Equipment $3,600
Lease $219,588
Salaries $384,000
Telephone $3,900
Gas $45,600
FPL $45,600
Misc. $12,000
Total $772,048
Net Yearly Profit $397,952
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