10 Restaurant Chain Selling $4.5 Mil - Business for Sale
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10-Location Fine Dining Restaurant Chain in Miami & Costa Rica
Miami, FL, US
Added 10 months ago
Restaurant Chain
Absentee / Semi-Absentee
A chain of 10 fine dining restaurants with 2 locations in Miami, FL and 8 in Costa Rica, managed by a general manager based in Miami.
Key Information
Asking
$5.0M
Revenue
$5.0M
Earnings
$1.6M
Multiple
3.1x
Key Highlights
- 10 restaurant locations included: 2 in Miami and 8 in Costa Rica
- Combined annual sales of $5,000,000 ($2,500,000 from Miami, $2,500,000 from Costa Rica)
- Asset value of all locations exceeds $1,250,000, including furniture, kitchen equipment, tables, chairs, 1 van in Miami, and 1 van in Costa Rica
- Rent is 11% of sales; salaries are 14% of sales
- General Manager oversees all operations from Miami; management team willing to stay on after sale
Contact Info
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