Restaurant and Wine Bar – Brooklyn, NY

Price: $269,000

Location: Brooklyn, NY

Industry: Food and Restaurants

Listing ID: 05032021

This profitable restaurant is located in Brooklyn, NY.  A high traffic neighborhood area with nearby parks, bars, museums, and shops. The business operates in 2,050 sq ft facility – 800 sq ft (Main) 800 sq ft (Basement) and 450 sq ft (storage) + Sidewalk seating for 20 people. The menu is extensive and includes, burgers, salads, pasta, and deserts.  This restaurant features a liquor a wine bar which includes a wide selection of alcoholic and wine beverages. This restaurant serves bottomless brunch on Saturday and Sunday. The restaurant is approved to operate by the Department of Health and has a liquor license.  It provides delivery through Grubhub, Uber Eats, Door Dash and Seamless. This business is currently open 5 days Wednesday – Sunday.

This restaurant benefits from excellence in customer service.  Seller will provide hands-on training to ensure a smooth transition.

For more information, please contact: [email protected]

  • Asking Price: $269,000
    • FF&E: $160,000 (included in price)
    • Annual Cash Flow: $150,000
    • Gross Revenue: $650,000
    • Inventory at Cost: $20,000 (included in price)
    • Employees: 5 FT
    • Monthly Rent: $5,250
    • Security Deposit: $10,500
    • Payroll: $12,000 per month
    • Down Payment: Negotiable
    • Open: 5 Days a week (Wed – Sun)
    • Building Size: 2,050 Sq Ft.
    • Established: 2017

Reason for Selling: Owner is seeking other opportunities.

*Full Liquor license, Sidewalk Café License

Listing Details

Gross Revenue: $650,000

Cash Flow: $150,000

FFE: $160,000 (Included in Price)

Inventory: $20,000 (Included in Price)

Reason For Sale:

Owner is seeking retirement.

Training & Support:

Owner will provide training and support.

Operation

Year Established: 2017

Days & Hours of Operation: 5 Days, Wed - Sun

Non-Owner Payroll: $12,000

Employees: 5 FT

Location

Security on Lease: 10500

Monthly Rent: 5250

Type of Location: Single location

Square Footage: 2050

Summary

Potential Growth:

There is room for plenty of growth and expansion.