Favorite Spot for Latin Cuisine – 30 years established

Price: $375,000

Location: South Miami,Fl

Industry: Restaurant and Food

Listing ID: 1992033

Listing Status: New


This business has been serving breakfast, lunch, and dinner to satisfied customers since 1990. It is Open 7 days a week till 8.30PM. Good visibility with large windows. Immense and fully-equipped industrial kitchen. The restaurant is very well organized in 3 parts with displays for self-service, ready-made meals, a seating area, and the retail gourmet market. They have both beer and wine license in place. As well, there is an open window at the front of the restaurant for the take-out option. It's success is known for its outstanding latin-cuban cuisine, self-service, and ready-made meals in a friendly atmosphere.


Down Payment: $375,000

Total Sales: N/A

Cash Flow: $170,000



Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $60,000

FFE Included: Yes

Inventory: $5,000

Inventory Included: Yes


Year Established: 1900

Days & Hours of Operation: 7 DAYS A WEEK 6:30am-8:30pm

Owner Hours Per Week: 4 days a week

Non-Owner Payroll: N/A

Employees: 10


Real Estate: N/A

Monthly Rent: $13,394

Type of Location: Located in an affluent shopping plaza

Square Footage: 3,300

Franchise: No

Relocatable: No


Facilities Information:

This restaurant is well known among the students from UM as well as high-end customers from the surrounding wealthy neighborhoods. The corporate clients order for holiday events and the menu can be upgraded with more variety of meals. This restaurant offers take-out, deliveries with Uber Eats, Grubhub, Postmate, catering and on site seating (32 seats). In addition, inside is a mini gourmet market where they sell all types of wines and other specialties. Very large and Fully-equipped kitchen can handle and produce more catering for all types of events.

Reason For Sale:

retirement and relocation

Training & Support:

2 weeks training will be provided by the Seller for smooth transition. Owner works 4 days a week. Highly trained team with cooks, helpers at the counter, cashier.

Historical Summary:

This unique reputable restaurant-cafeteria has been serving breakfast, lunch and dinner to satisfied customers since 1990.
The success of this Business was built on its Outstanding latin cuban cuisine , buffet with ready-made meals in friendly atmosphere.

Owner Qualifications:

Restoration management skills


There is not much competition. The restaurant is well known and has been established for over 30 years now so they have reccuring customers and built clientele.

Potential Growth:

Opportunity to grow with all different types of catering options, take-out, and deliveries. The kitchen is not at full capacity with updated equipment therefore there is more room for growth. With added social marketing, this business can attract increased customer flow and corporate customers.


This qualifies with E-2 visas

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