Restaurant, Farm to Table Inspired in Flatbush,Brooklyn
Price: $279,000
Location: Flatbush, Brooklyn
Industry: Food and Restaurants
Listing ID: 08042022
This fast casual style, inspired farm to table restaurant opened in Brooklyn as a collaboration between an innovative owner and an inspired chef. This collaboration has resulted in a highly rated eatery that quickly developed a loyal customer base and social media following. The business was created during the pandemic with the intent of bringing community together in a causal, relaxed atmosphere to enjoy each other’s company along with great food. The business is enjoying consistent 5-star reviews and growth. It is positioned well for a new owner to step in and continue.
The location is very well built as a flagship store with attractive materials, well thought out branding, and duplication in mind for future locations. They offer dine in table service and take out. The menu is exciting and diverse with seasonal changes and favorites based on locally sourced ingredients including chicken, beef, fish, veggies, all kinds of soups, salads, and bowls as well as deserts. Whether lunch or dinner entrees, freshly made sandwiches, or awesome and creative side dishes, this business is highly popular and has great customer feedback on all delivery apps and online.
This business has a highly rated chef and staff in place and business manager runs things day to day. Seller is looking to move in a different direction. He owns the real estate and built the business with the intent of selling it after it was established. A chef or manager looking to own their own place would be a great fit for this business as well as another restaurant looking to expand with a fully staffed and managed location. Huge population, great area for growth.
• Gross Revenues: $ 575,000
• Annual Cash Flow:$ 80,000
• Sell Price: $ 279,000 – Make Offer!
• Inventory: $25,000 (not included)
• FF&E: $300,000
Listing Details
Gross Revenue: $575,000
Cash Flow: $80,000
FFE: $300,000 (Included in Price)
Inventory: $25,000
Terms and Conditions?:
Seller looking for quick sale - motivated due to other interests
Reason For Sale:
Seller has other interests.
Training & Support:
Seller will train and support to ensure a smooth transition. Head chef will stay on if needed.
Operation
Year Established: 2020
Days & Hours of Operation: 7 days
Employees: 5
Managers: 1
Absentee Owner?: Yes
Location
Monthly Rent: 6500
Type of Location: Single location
Square Footage: 1500
Summary
Potential Growth:
There is plenty of room for potential growth.