American Lunch Counter and Takeout Eatery -2657

Kings County, NY
Kings County

Asking Price: Annual Revenue:
$149,000 $500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: American Lunch Counter and Takeout Eatery -2657 Broker: Jay Goldman
Owner Financing is Available!
$100,000.00 Down & Seller will finance $49,000 at 6% over 12 months

Quick Facts

Asking Price: $149,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 56974447
Broker Reference #: 26577

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Business Overview:

This modern American lunch counter and takeout eatery in Brooklyn focuses on scratch cooking, locality and seasonality. Freshness is its top priority, with an emphasis on top quality ingredients and perfectionist execution.The diverse and delectable breakfast, lunch and dinner menus are off-springs of the co-owner/chef's deep-rooted passion for good healthy food made fast. Formerly open 7am-midnight six days/week, the restaurant has had to temporarily close due to the chef taking ill, but his team, including the cook who knows how to prepare all of his recipes, could be re-assembled to get the business up and running again in no time at all. The chef himself is well enough to provide some initial support and training. All of the fixtures, furniture and equipment are in place. There are 9 Years Left on the Lease and the Rent is Only $927/month for 680 square feet at street level and an 800 square foot basement in a landmark building. Great Yelp Reviews! Strong Seamless and GrubHub delivery business. I believe this concept has potential to grow way beyond this single store.

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Reason for Selling:

Illness forces sales

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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