Kosher Restaurant in Kings County, NY - 33041 Business Type: other eating & drinking places,restaurant/ cafes/ diners,bar/tavern/night clubs

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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $850,000 | Down Payment | $500,000 |
Gross Revenues | $950,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $300,000 | Number of FT Employees | Register Free to View |
Financing
$500,000 Down and $350,000 at 7% for 12 months
Business Description
Very trendy restaurant beautifully designed to attract a very hip crowd. Located on a busy street in Brooklyn, this bar and grill has a great vibe and they have a strong local following. There is a full menu of assorted bar favorites and the kitchen is conveniently located in the back of the main floor. At just over 1500 square feet, the space is an ideal size and the rent is reasonably priced at a bit over $5,000 per month. There are 8 years left on the lease with an additional 5 year extension. The large bar can seat over 12 patrons and there is a full liquor license. 6 beer taps plus a large selection of bottles ensures that all patrons can get their beverage of choice. With 17 flat screen televisions you won't miss a minute of your favorite team. The large basement consists of a walk-in fridge, dry storage and an office. There are 16 surveillance cameras which can be monitored from anywhere so you can always keep an eye on the staff. All equipment is fully paid for. This is a MUST SEE for anybody looking for a very profitable turnkey business. Please be very discreet when visiting this location since the employees and patrons are unaware of the owners intentions to sell. Call the broker now for more details.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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