Tavern and Restaurant With Outdoor Patio (#22617)

Brooklyn, NY
Kings County

Crown Heights


Asking Price: Annual Revenue:
$395,000 $925,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Tavern and Restaurant With Outdoor Patio (#22617) Broker: Ziggy Marszalek
Owner Financing is Available!
Amount: $145,000 Months Left: 60 Rate: 7.000000000000001% Monthly Payment: $2,871.17

Quick Facts

Asking Price: $395,000
Annual Revenue: $925,000
Net Profit: Not Disclosed
Cash Flow: $170,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 766249666
Broker Reference #: 22617

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Business Overview:

Renovated Bar/Tavern.
This renovated bar/tavern is located in Crown Heights, Brooklyn, New York. It has a full kitchen and also includes an additional outdoor patio that is used all year round. The rent and real estate taxes are only $5,000 per month. The seller has priced it for a quick transaction.

Possible Seller Financing.
There is the possibility of seller financing.

Reason For Sale.
The seller currently runs absentee and is ready to retire.

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Property Features and Assets:

Monthly Rent: $5,000 Lease Ends: 2033-01-02 Area: 1,100 sq/ft Building Type: Attached Terms and Options: 3%

Market Competition and Expansion:

Ask broker for details.

Reason for Selling:

Retiring.

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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