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Famous Meat Restaurant For Sale In Coral Gables.

Coral Gables, FL
Juicy BBQ ribs
Asking Price:$399,000
Gross Revenue:$960,000
Rent:$8,360
Established Year:1948
Cash Flow:$263,700
Inventory:$10,000
FF&E:$185,000
Listing ID: 2236238Listing provided by BizBuySell
BUSINESS DESCRIPTION

Famous restaurant where BBQ is a tradition that spans generations. Founded in 1948, this restaurant has been a beacon of flavor, hospitality, and culinary excellence. Features happy hours every Monday to Friday from 3 PM to 7 PM. Has a convenient parking lot accommodating up to 21 vehicles. Fully equipped kitchen with hood, grease trap, fire alarms, walking refrigerator and freezer, and ample deposit capacity. 2-COP Wine and Beer license. Four sets of state-of-the-art TV screens create the perfect setting to enjoy your favorite sports streams. The investment is good to support the USA visa procedures.

DETAILED INFORMATION
Location
Coral Gables, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,200
Lease Expiration
04/05/2027
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The restaurant is located in a prime corner of SW 8th Street with excellent exposure. The kitchen is fully equipped with a grease trap and hood. Refrigerating room. Has a parking lot for 21 vehicles. Ample salon/ bar and terrace.
Competition
The restaurant has been for more than 73 years in the Market.
Support & Training
The owner will ensure a full month of training for the buyer. Besides, all the staff will remain in their positions.
Reason for Selling
Retirement
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Alfredo
Gonzalez
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Alfredo Gonzalez
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