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Financing: $200,000.00 Down and The seller may provide up to $200K in financing at 6% over 48 months to qualified buyers Reason for Selling:Owner spends most of his time with his family in Europe now This Large Bistro Restaurant in a Prime Section of Brooklyn
used to do $1.5M in gross before the seller moved his family
to Europe and he became semi-absentee. The restaurant
still has a loyal following, upon which you can rebuild and then
grow. It has two full bars, one of which is open-air during the
warmer months of the year. You will find 2,500 sq ft at street
level, inclusive of the bars, dining areas and kitchen. The dry
and clean basement is also large and put to very good use.
After 18 years at the same location, the seller is ready to hand
over the reins to you, but not without providing all the transitional
support you may need. The landlord stands ready to give you a
brand new 15 year lease for $18K/month, which is below market
for this much space in this trendy and affluent neighborhood,
The business is only open Tuesdays through Saturdays now,
but you can certainly add on Sundays and Mondays, as well as
expand the hours. The restaurant's liquor license allows it to be
open until 4am. The seller would be delighted to share suggestions
with you as to how to resuscitate the business and take it to yet
greater heights.
Contact a broker at 877-735-5224 for more information today.
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. |
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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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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
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