Bistro Restaurant in Brooklyn-33233

Not Disclosed, NY
Kings County

Asking Price: Annual Revenue:
$400,000 $550,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Bistro Restaurant in Brooklyn-33233 Broker: Jay Goldman

Quick Facts

Asking Price: $400,000
Annual Revenue: $550,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 6
BBN Listing #: 21234447
Broker Reference #: 33233

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Business Overview:

This Large Bistro Restaurant in a Prime Section of Brooklyn used to do $1.5M in gross before the seller moved his family to Europe and he became semi-absentee. The restaurant still has a loyal following, upon which you can rebuild and then grow. It has two full bars, one of which is open-air during the warmer months of the year. You will find 2,500 square feet at street level, inclusive of the bars, dining areas and kitchen. The dry and clean basement is also large and put to very good use. After 18 years at the same location, the seller is ready to hand over the reins to you, but not without providing all the transitional support you may need. The landlord stands ready to give you a brand new 15 year lease for $18,000/month, which is below market for this much space in this trendy and affluent neighborhood, The business is only open Tuesdays through Saturdays now, but you can certainly add on Sundays and Mondays, as well as expand the hours. The restaurant's liquor license allows it to be open until 4am. The seller would be delighted to share suggestions with you as to how to resuscitate the business and take it to yet greater heights. Please do not say anything to the employees or customers when visiting this Bistro Restaurant, as they do not know it is for sale. Then, kindly email the listing broker, Jay Goldman to make an appointment for a tour of the facilities and to speak with the owner. Please obtain the address for listing 33233 before contacting Mr. Goldman. Please use email reply button of this ad to contact us.

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Reason for Selling:

Owner spends most of his time with his family in E

Additional Details:

  • The property is owned.
  • The owner is not 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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