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Accommodation & Food Services

Landmark Diner On Major Intersection

Miami Gardens, FL, USA
Updated 151 days ago

This long established and well known landmark diner is the envy of many restaurateurs and pride of the area. They have been inbusiness 63 years and current operator is the 3rd owner. It's nestled amongst thousands of retailers, commercial buildings, municipality offices, residential neighborhoods and in proximity to Hard Rock Stadium. It sits on the corner of a strip center as a free standing building with excellent visibility on all 4 corners of the lighted intersection. This resturant will be booming with the upcoming FIFA World Cup in 2026 and Cup of Champions in 2025. Diner has its nostalgic look of red booths, chrome bar stools and a fun, casual and family atmosphere. The menu is extensive and has something for everyone. They have a max indoor seating capacity of 98. The space underwent a complete renovation with new booths, ceiling, A/C, roof, and kitchen equipment less than 5 years ago. Aside from dining in, the business uses most food delivery apps like Doordash, Uber Eats, Grubhub, and Cookdash, as well as, pick-up orders. Operator works approximately 8 hrs/day six days a week and has a good loyal staff with many of them since its acquisition in 2017. Seller has leveraged the history and fame of the business by having several music video shoots, podcasts, fashion shows and other private engagements rent out the space after hours for these additional revenue streams. There's been a strong demand for dinner service which a prospect Buyer can capitalize upon and generate additional revenue. The sale is very confidential and staff is not aware of it. Non Disclosure Agreement and Proof of Funds are required in order to release additional information or schedule a site visit.

Employees

12

Real Estate

Real Property Included

Trading Hours

Operator works approximately 8 hrs/day six days a week

Premises Details

Freestanding bldg in a strip center, ample parking, full kitchen equipment, 98 seats

Years Established

63 Years

Support & Training

2 weeks at no cost

Expansion Potential

Open for dinner, social media marketing

Competition / Market

Not any other diners in proximity

Inventory / Stock Value

$3,000 - included in the asking price

Reason for Selling

Moving out of State

Financials

Asking Price
$230K
RevenueMost Recent Year
$729K
Earnings (SDE)Last Reported
$175K
Assets ValueIncluded in Asking Price
$50K
Seller Financing
Not available

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