Latin Restaurant for Sale in Hollywood is Profitable and Remodeled!

Broward County, Florida Cuban/Latin Fusion restaurant for sale has a satellite location that adds sales with no expenses. This popular location has recently been remodeled! Seller financing is available for a well-qualified buyer!

The front of house and back of house at this restaurant for sale has all new furniture, fixtures, and equipment. The exhaust hood is ten feet long and brand new. Two brand new air conditioner units have been installed. The walk-in cooler has a brand-new compressor and motor. The new kitchen equipment includes a 4-eye burner, two fryers, flat top grill and char-broiler. The beautifully decorated front of house has new tables and chairs, and a private dining room accommodating up to 16 guests is an added plus. A brand-new floor and wall coverings completed the remodel.

Currently, monthly sales of this profitable restaurant for sale offered by the restaurant brokers exceed $30,000. This is great for summer, as sales will increase during the season and are projected to be $420,000 for the year. Profits are projected to be $83,000 for 2018. The new remodel has been received by the locals in the most positive manner and customer counts are growing weekly. The seller is forced to sell due to family obligations. His loss is your gain as this business is poised for explosive growth due to the remodel and the city of Hollywood’s investment into its business community.

Included in the sale of this profitable restaurant for sale is the contract for a popular café. The café is open Monday through Thursday from 8 am to 4 pm, and there is no rent or utility expense. You only pay food and labor costs. The food is prepped at the other location and brought over on days of operation. It takes no more than two employees to operate the café. This is a money maker. Average sales are $600 per day. That’s easily $200 a day in your pocket, or $800 per week.  Any way you calculate – you win!

The 1,650 square foot restaurant for sale seats 35 guests inside and 8 outside. The very low rent of $3,495 per month includes all Taxes and CAMS. The lease expires in September of 2022 and there is a five-year option attached.

The Latin fusion menu includes Cuban and Latin favorites prepared by a skilled staff that will remain. The eclectic menu includes tapas, sandwiches, entrees, desserts and children items. Menu items range from the popular ropa vieja and vaca frita to fresh salmon, creole or coconut shrimp, and a wide variety of pork, chicken, and beef dishes. Desserts are very popular, and the choices include standard Latin fare such as flan and tres leches along with deep fried Oreos or Twinkies. Café con leche and Cuban coffees are popular and help increase check averages. The restaurant for sale has a 2COP beer and wine license. The seller will remain for two weeks at no cost to assist in transfer of ownership.

Please click on the tab below to easily acknowledge confidentiality on this Restaurant for sale. For many business opportunities, you will immediately receive the name, address, photos and most recent financials.If you have any questions, please contact Certified Restaurant Broker Ken Eisenband at (561) 350-3365

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Listing

  • Listing#: 6233
  • Price: $215,000
  • Location: Hollywood
Lease Term: Expires September 2022 plus (1) five year option
Monthly Rent: $3,495
Indoor Seating: 35
Inside Sq. Ft: 1650
Hood System: Yes
Neighboring Businesses: Restaurants, Retail, and Service providers
Hours Open: Monday-Friday 7-10, Saturday 8-10, Sunday - Closed
# of Part-Time Employees: 4
# of Full-Time Employees: 7
Net Sales: $420,000
Owner Benefit: $83,433

Features

  • Profitable Hollywood Latin Fusion Restaurant for Sale
  • Recent remodel includes new AC, kitchen equipment, hood, and much more
  • Purchase includes contract for off-site cafe that has no rent or utility expense
  • Fully Equipped Commercial Kitchen has it all - Featuring a 10 foot exhaust hood
  • Sales of $420,000 and Take home of $83,000 make this a home run.
  • The city of Hollywod is investing in infrastructure to help grow economic community
  • Latin/Cuban menu will transfer and staff will remain to ensure quality remains high
  • Restaurant for sale