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Latin Americans make up nearly 20% of the US population, which equates to almost 60 million people. Some cities are majority Latino, with Hispanics making up 70% of the population of Miami for instance. Keeping that in mind, if you’ve been thinking about buying a Latin American Restaurant for sale, there really couldn’t be a better time.
Latin American food is undeniably delicious. Many dishes consist of simple to make comfort food, like arroz con pollo (chicken and rice) or picadillo (ground beef with rice and spices). Latin American food makes use of delicious roots and vegetables not used in other cuisines, like yuca and platanos. Latin American food also uses exotic cuts of meat not seen in other cuisines, like beef tongue (lengua) or tripe (mondongo). Because many of these dishes can only be found in Latin American restaurants, customers find themselves returning over and over again.
Latin American food is popular enough that not only does it cater to fine dining and casual dining, but there is a whole fast/fast-casual segment that caters specifically to Latin American cuisine. Fast-food chains like Pollo Tropical or El Pollo Loco serve up grilled chicken, pork, and beef alongside rice, beans, platanos, grilled veggies, and salads. This gives a potential operator looking for a Latin American Restaurant for Sale different options, not only regarding the specific type of Latin American food they want to serve up (Cuban, Mexican, Central American) but also the price point (fine dining, casual dining, fast food.)
Because Latin American food isn’t normally fried like some types of American or Asian food, it’s usually considered a little bit healthier than other cuisines. One thing to keep in mind when buying a Latin American restaurant for sale is that Latin Americans are usually picky about the quality and taste of the cuisine, and they expect dishes to taste authentic. This means hiring an authentic chef who has a deep understanding of the different spices and preparation methods used in Latin American food.
Buying and operating a Latin American restaurant for sale can be profitable and even very lucrative in the right market, so take a look at the different Latin American restaurants for sale offered up by We Sell Restaurants!
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