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Great Restaurant Opportunity, prime BK–tons of foot traffic+regulars

Price: $150,000

Location: Bay Ridge, Brooklyn

Industry: Food and Restaurants

Listing ID: 1

Located on a lovely residential block in Bay Ridge, this thoughtfully designed and decorated restaurant has been built out from scratch and is only 2.5 years old. Serving middle eastern Halal food and having a menu that was developed by a native Egyptian cook with many years of experience and understanding of high quality Middle Eastern kitchen.

Approximately 1,800 sgft , the restaurant sits about 25 ppl, has an open kitchen with brand new stoves, ovens, fryers, and broilers. The kitchen is separated by a glass showcase with a daily selection of freshly made salads and desserts.

Clean and well kept basement has a prep area, large walk in, 2 freezers and a huge sink. There is additional space that is currently used as a storage and can be easily converted into an office.

With 10 years lease total (5 years with additional 5 years option for renewal), 3% annual increments, low carrying costs and utilities, and perfect Bay Ridge location – this place is ready for a new buyer to take it to the next level.

Listing Details

Gross Revenue: $365,000

Cash Flow: $80,000

Inventory: $1,000 (Included in Price)

Reason For Sale:

Relocation

Training & Support:

Seller will provide

Operation

Year Established: 2016

Days & Hours of Operation: 7 days

Owner Hours Per Week: 7 days

Employees: 2

Location

Lease Option: 10 years

Monthly Rent: 3500

Square Footage: 1,800