Bar Lounge Restaurant with Loft Apartment in PRIME Brooklyn

Price: $380,000

Location: Brooklyn, NY

Industry: Food and Restaurants

Listing ID: 1071

Newly renovated lounge with outdoor seating and a full liquor license serving delicious a la carte menu. This beautiful space has a legendary restaurant as its neighbor, a future hotel/condo on the same street, and a historical event space across the street. The rear of the lounge is a private catering space that is popular throughout the year. The lease value of this business is particularly attractive with an 800SF newly renovated loft apartment that is included in the long-term lease. The immaculate full basement has a catering kitchen, full office with several desks, a full bathroom with a shower and extra storage. The apartment gets fully booked throughout out the year through Airbnb. 14 years in business with high Google reviews. This is a turn-key business with active website and social media networks.

Listing Details

Gross Revenue: $415,000

EBITDA: $93,000

Reason For Sale:

Other interests

Training & Support:

Will provide

Operation

Year Established: 2006

Days & Hours of Operation: 6 Days a Week / 8AM-11PM

Employees: 5

Location

Facilities Information:

1,500 sq/ft lounge
1,200 sq/ft basement
750 sq/ft apartment