Restaurant & Cocktail Bar-Kings County, NY 30436

Not Disclosed, NY
Kings County


Asking Price: Annual Revenue:
$999,000 $1,600,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant & Cocktail Bar-Kings County, NY 30436 Broker: Mel Vaz

Quick Facts

Asking Price: $999,000
Annual Revenue: $1,600,000
Net Profit: Not Disclosed
Cash Flow: $320,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 11
Employees: 12
BBN Listing #: 3614447
Broker Reference #: 30436

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Business Overview:

Trendy Restaurant Cocktail Bar - Just Outside Manhattan in an ultra-prime area. No detail was overlooked in the build out. This is a truly unique and impressive 3,200 square feet space. They offer seating for 80 inside (110 standing) and 25 outdoors. This is a full-service event venue with on-site catering and a cocktail bar. They offer gourmet meals (breakfast, lunch and dinner), prepared foods, sandwiches, entrees and a cocktail bar (with a beer & wine license). In the past year, the business grossed approximately $1,600,000.00 with a cash flow of approximately $320,000.00. There is a fantastic lease with 11 years remaining at only $12,000/month (under-market for the area). The owner is nearing retirement and looking to slow down. He is seeking an outright sale or would entertain a working partner. We are seeking a serious and financially qualified buyer and/or partner. To learn more, please contact Mel Vaz today. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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Reason for Selling:

Other

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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