Established Diner with Prime Location and Strong History
$495,000
Real estate included
The property comes with the business.
Training included
The seller will help you get up to speed after closing.
Established 10+ years
A track record buyers and lenders tend to trust.
About this business
A historic landmark diner in Miami Gardens, FL, boasting 63 years of operation and a prime location near Hard Rock Stadium. Renovated less than 5 years ago, it features a nostalgic ambiance, extensive menu, and modern amenities including food delivery services. With a loyal staff and additional revenue from private events, this diner offers a unique opportunity for growth, especially in dinner service.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$495,000
- Annual Revenue$729,304
- SDE$174,601
- 2.8×
- Price to SDE
- 0.7×
- Price to revenue
- 24%
- SDE margin
- Annual Profit
- $174,601
- Approx. Inventory Value
- $3,000
- Approximate FF&E
- $50,000
Details
- 1960
- Established · 66 yrs
- 12
- Employees
- 48
- Owner hours per week
- Restaurant
- Business type
- Owned · sold separately
- Premises
Financing & transition
- Training after the sale
- Included
- Cost
- Free
Property & lease
- Premises
- Owned
Where it is · Miami Gardens, Florida
Somewhere in Miami Gardens, Florida. The exact address is not on this listing.
Ad#:556
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