Gourmet Sandwich Restaurant & Bar

Brooklyn, NY (Kings County)

Seller Financing Available
Gourmet Sandwich Restaurant & Bar

Asking Price:$299,000

Cash Flow:$125,000

Gross Revenue:$700,000

EBITDA:N/A

FF&E:$150,000

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:2013

Gourmet Sandwich Restaurant & Bar

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Business Description

- With a 9/10 rating on Foursquare, a 5-star rating on Facebook, and a 4-star rating on Yelp, this restaurant has a loyal following in a hyper-growth Brooklyn neighborhood

- Sells beer and wine

- Delivery orders are consistently increasing

- Revenue and profit have steadily grown year after year without any reason to slow down

- You can operate this business without feeling like a servant to it. The food is already considered high quality, and thus you can continue with the existing supplier relationships

- The lease still has another seven years remaining on it and is attractively priced for the area

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
7/31/2023
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Turnkey restaurant with beer & wine license.
Competition:
The neighborhood is continuing to draw people with greater disposable income. It's one of the up-and-coming parts of Brooklyn. This trend will be magnified once the L subway line closes down and forces affected people to other parts of Brooklyn that are near another train line. This restaurant is close to the M train.
Growth & Expansion:
Delivery orders have been growing and will continue to do so.
Support & Training:
Owner would be willing to stay on for as long as needed for buyer to get up to speed.
Reason for Selling:
Owner is opening another restaurant concept and needs cash to fund it.
Business Website:
http://www.vestable.com/sandwich-restaurant-brooklyn

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PIr Granoff

Business Listed By:
PIr Granoff

Vestable

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Sponsoring Broker:
Andres Moran

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