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Business for Sale

Absentee Run Restaurant for Sale in Kings County
Kings County, NY

Listing #36556

   
Financial Information (non-confidential)
Asking Price $1,100,000.00 Gross Revenues $2,000,000.00
Down Payment $600,000.00 Owner’s Cash Flow $460,000.00

Financing: $600,000.00 Down and $500k over 36 months @ 6%

Reason for Selling:Other interests

An exceptional opportunity to acquire a fully absentee-run, upscale dining establishment located in a thriving and affluent Kings County neighborhood. This highly regarded venue features a refined menu, curated wine selection, and live music events that consistently draw in loyal, high-end clientele. The business has recently secured a liquor license, further enhancing its already strong revenue profile. With $2M in annual revenue and nearly half a million in owner cash flow, this is a turnkey investment with meaningful upside. The space includes a full basement for storage or potential future use. A long-term lease ensures location stability, and there's immediate room for growth as the restaurant is currently closed two days per week. This is an ideal opportunity for an investor or industry professional seeking a well-established, absentee-run operation with strong financials and growth potential. Serious inquiries only. To learn more, please contact the broker, Peter Santella at 516-250-6822.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Peter Santella
Senior Business Broker
516-250-6822
psantella@vestedbb.com
Servicing Area:
All of NY
All of AL
All of TN
Peter Santella

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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