Listing Number: BBF-1213-21755
May Qualify for Visa (E-2)

Category: Restaurants
SIC: 5812
Business Type: Latin Restaurant
Asking Price: $210,000
Down Payment: $210,000
County: Broward
State: Florida
Country: USA
Annual Sales: $0 reported
Seller’s Discretionary Earnings (SDE): $0

Business Overview

Turnkey fully equipped Florida restaurant located in a high-traffic area of Hollywood, FL. The restaurant is currently set up for Puerto Rican cuisine but offers flexibility to convert to other casual dining concepts including pizza, American, Asian, and more.

• 2,080 sq. ft. space

• Seats 49 indoors + 29 outdoors

• 8-foot exhaust hood and in-ground grease trap

• Six-eye burner with oven, multiple fryers, griddle

• Commercial refrigeration: multiple reach-in coolers, large freezer, sandwich coolers with low-boy refrigerator

• Sale includes all licenses and permits, including sidewalk seating and 2 COP

Location Advantages:

• Prime Hollywood, FL location

• Ample street parking

• Opportunity to negotiate lease terms with landlord

• Monthly rent: $5,700 including CAMs

Financial Potential

Currently operating with $1.2M sales in 2024, the restaurant presents a turnkey opportunity for a new owner to expand or pivot the concept while leveraging the fully equipped kitchen and high-traffic location.

Assets Included

• Inventory: $70,000

• Furniture, Fixtures & Equipment (FF&E): $80,000

• Leasehold Improvements: $70,000

• Total Assets: $220,000

• Accounts receivable: Not included

• Real estate: Not included

Business Details

• Relocatable: No

• Home-Based: No

• Franchise: No

• Lender Pre-Qualified: No

• May Qualify for Visa: Yes (E-2)

Reason for Sale: Owner relocating/looking for next venture.

Highlights:

• Fully equipped turnkey restaurant in Hollywood, FL

• Flexible for multiple dining concepts

• Long-term growth opportunity in a high-traffic location

• E-2 investor visa eligible