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: msussman@inbargroup.com
- 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.