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Business for Sale - Premier Steak House - Buy a Business

Listing Number:10065
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County, State: Kings County , NY
Business Type: Restaurant/ Cafes


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Non-Confidential Financial Information

Asking: $ 2,800,000 Total Revenues: $ 3,091,350
Financing: 1,800,000 down and $1,000,000: $300k payable over 4 yrs (equip lease) $700k @8% over 2 yrs. Cash Flow: $ 1,145,697

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’s 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 “hotel” kitchen and private dining area, this restaurant gem will soon become the Spark’s 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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Premier Steak House For Sale

Listing Broker: Christian Sippel

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