October 29th, 2016 5:49 PM by Nour Ailan
Primary Category: Retail - RestaurantSecondary Category: Retail - Other Eating & Drinking Places
Financial InformationAsking: $200,000Gross: $648,000Cash Flow: $72,000Furniture, Fixtures & Equipment: $40,000Inventory: $25,000 (included in price)Summary DescriptionOne of the most successful Mediterranean restaurants for sale located in Coconut Grove, Miami, Florida. With amazing Mediterranean, Middle Eastern and Lebanese cuisine including Falafel wraps, beef shawarma, hummus, tabouli and much more! This amazing business property offers great food, ambiance, great service, and an in demand, trendy location for sale for an unbelievable price of $200,000. Fully licensed restaurant and very profitable as it is well know and strategically located. A beautiful building structure of two floors and 1,100 square feet downstairs and 475 square feet upstairs. Has an incredible view on the outside as well and 7 tables on the outside that sit 25 people that can enjoy a magical time in Coconut Grove, Miami. The Coconut Grove is one the most visited and lively areas of the Miami metro area. Asking: $200,000 Gross: $55,000 Nets: $5,000-$6,000 a month Owner salary: $2,500 Operating Hours: 6days a week for 12 hrs a day Employees: 8 2 full time and 6 part time Hrs. 11:00-1:00 am & 3:00 am on weekends 5 year lease or 5 year option Location: Coconut Grove, FloridaGeneral InformationCompetition: Located in Coconut Grove!! Great location!Support/Training: YesReason Selling: owner is relocatingYear Established: 2008Employees: 8If interested, contact UR-COUSIN Emile Farah at the following: 305-754-1000 or send an e-mail to farah@farahreacquisitions.com__________________________________________________