Club Restaurant w/Catering Kings County-32992

Not Disclosed, NY
Kings County

Asking Price: Annual Revenue:
$690,000 $4,500,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Club Restaurant w/Catering Kings County-32992 Broker: Ross Lombardo
Owner Financing is Available!
$600,000.00 Down & balance at 7% over 36 months.

Quick Facts

Asking Price: $690,000
Annual Revenue: $4,500,000
Net Profit: Not Disclosed
Cash Flow: $600,000
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 15
BBN Listing #: 79594447
Broker Reference #: 32992

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Business Overview:

Come see this gorgeous club/restaurant in the super hip spot in Brooklyn. Grossed $3.9M - $4.5M a Year first 3 Years Liquor License, Transferable in 2 week, No expense was spared in the design and layout of the space. With an occupancy of 370 people (210 in the main room and 190 on the rooftop),With two custom bars up to 16 sitting each, this 14,000 square feet space boasts a huge seating and dancing area, two large granite bars, DJ booth, stage and a breathtaking enclosed rooftop lounge. The professionally designed kitchen, All Filed with DOB, is set up to feed a small army and the high end equipment is fully paid for. The build out alone cost well over one million dollars. Full 2 Bars with all plumbing and Refrigerators. 3 Walking Refrigerators, Stage Fully Equipment, Sound, Lasers, Heads, Monitors and central fire system. Modern Interior Rooftop with View, Gazebos with Glass Windows, DJ Booth, Winterized Main Gazebo, Full Equivalent Bar , Professional Kitchen Staff, Bartenders, Waiters. 48 surveillance cameras discretely placed throughout the entire facility allow the owners to view their operation remotely so they can always keep an eye on things. Annual gross sales is $4.5 million and the net is $600,000. There is a long 10 year lease in place with a 5 year option. Ready Website, Facebook Page, Instagram! Seller financing is available. To schedule an appointment to see the space, please contact Ross Lombardo. Please be very discreet when visiting this business since the employees and patrons are not aware of the owners intentions to sell. Please use email reply button of this ad to contact us.

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Reason for Selling:

Other interests

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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