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Business for Sale Summary [Non-Confidential]

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Kings County, NY

Business Type: retailing businesses,restaurant/ cafes

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $2,800,000.00

  • Gross Revenues

    $3,091,350.00

  • Financing

    $ 1,800,000.00 Down and $1,000,000: $300k payable over 4 yrs (equip lease) $700k @8% over 2 yrs.

  • Owner's Cash Flow

    $1,145,697.00

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Business Description

This big profit Kings County restaurant is the premier destination for prime steaks, seafood and the best wine selection this side of Napa Valley. Ideally located in Brooklyn%u2019s most popular dining destination neighborhood, this seaside steakhouse already grosses over $3.3mil/year with higher income and profits just around the corner as their reputation grows. Beautiful, spacious, turnkey from the comfortable 7000 sq. ft (350 seat dining room) to the %u201Chotel%u201D kitchen and private dining area, this restaurant gem will soon become the Spark%u2019s of Brooklyn. Long lease (18 years), dedicated parking lot, and outdoor seating. Tremendous wine sales and private/corporate parties drive the tremendous bottom line- $1.2 mil/year. Managers and key employees to remain. Truly and one-of-a-kind restaurant opportunity.

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