Craft Beer Restaurant / Williamsburg / Brooklyn

Brooklyn, NY (Kings County)

Seller Financing Available
Bedford Ave - Williamsburg

Asking Price:$1,150,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2013

Craft Beer Restaurant / Williamsburg / Brooklyn

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Business Description

Established craft beer restaurant & bar. Fully fixtured with a complete new build-out. 48 craft beers on tab, rustic vibe, polished concrete floors, exposed wooden beams, etc.
This business is being sold on it's "asset value" and the value of the below market rent savings. Ownership, have invested heavily, in design, construction and FF&E
There is plenty of room for growth in the business for the right operator.

Attached Documents


Detailed Information

Employees:
25
Facilities:
Williamsburg, Brooklyn, Restaurant & Bar Property type: Restaurant & Bar Business for Sale Address: Upon Request Term: Lease expires May 1st, 2026. Size: Ground: 4,400 SF. Rent: $14,305 per month. Purchase Price: $1,550,000. Notes: Below market lease with current rent @ $39.00 PSF. Newly built out. Ownership has invested over $2,000.000, in design, construction & FF&E. Certificate of Occupancy for 278 people. Craft beer restaurant & bar, with 48 craft beers on tap.
Competition:
Williamsburg, is one of Brooklyn's most popular neighborhoods for dining & drinking out. Market rents in the area are around $100-150 dollars per square foot. This is a below market lease, at $39 dollars per square foot. The business also has a long term lease with a full liquor license in place....
Financing:
Yes
Support & Training:
Yes
Reason for Selling:
Owner would like to purchase a property

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Michael Hayes

Business Listed By:
Michael Hayes

Boxers Realty

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