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Bistro Restaurant for sale in Kings County, NY

Kings County, New York (NY)

Asking Price: Gross: Cash Flow:
$ 400,000 $ 550,000 Undisclosed

Business Summary:
LISTING ID # 33233This 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 for more information today. 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 [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33233 for instant access to this business information.

 

   
Year Business was Established: 2002
   
Number of Employees: 2FT/4PT  
   
Owner willing to finance: 200,000.00 Down & The seller may provide up to $200K in financing at 6% over 48 months to qualified buyers  
   
Owner willing to train: Seller will train  
   
Reason for selling: Owner spends most of his time with his family in Europe now  
   
Seller Reference Number: 33233
BusinessMart.com Listing Number: 272085
 

 

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