Established TurnKey High-End Profitable Restaurant

Brooklyn, NY
Kings County

Williamsburg


Asking Price: Annual Revenue:
$595,000 $1,220,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established TurnKey High-End Profitable Restaurant Broker: Yuriy Mava

Quick Facts

Asking Price: $595,000
Annual Revenue: $1,220,000
Net Profit: $265,000
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: $750,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 11
BBN Listing #: 360754866
Broker Reference #: Not Disclosed

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Business Overview:

Upscale Profitable Mexican Restaurant in New Development Building Prime Williamsburg, Brooklyn.

This restaurant boasts:

* 2 bars (indoor and outdoor)
* Exclusive use of outdoor patio area
* 194 person seating capacity (74 inside and 120 outside)
* Exclusive and separate storage area in the basement.
* Exclusive use of parking lot (10 cars)
* Private dining/party room/corporate events
* Owner has invested hundreds of thousands in the infrastructure
* Low rent on a long term lease

The owner has other businesses that he is running, and the new owners of this restaurant will step into a turnkey situation where all of the staff, operating procedures, great brand, recipes and menus is all in place for continued growth and success. This restaurant has low rent and has a long-term lease. This business is aggressively priced and will sell quickly. Take advantage of the upcoming summer and extremely busy season with this very exclusive opportunity. The business is growing, sales are increasing both by year and by month. Buyer must have proof of funds.

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Property Features and Assets:

Prime Williamsburg Brooklyn location. The restaurant is on the ground floor of the brand new development featuring 52 residential apartments and a Tiger Shullman's karate studio. Premises details: One of a kind high end build out, designed by one of New York's top architects who also designed The Brooklyn Bowl. The Restaurant boasts state-of-the-art high end finishes including all new 24 camera DVR system, 4 TV's including a 85 inch plasma allowing customers to watch the best sporting events and fights. Must see to appreciate.

Market Competition and Expansion:

N/A

Reason for Selling:

Other Business Ventures.

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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