Popular Neighborhood Restaurant & Bar Brooklyn, NY - Bushwick!

Brooklyn, NY (Kings County)

Seller Financing Available
Popular Neighborhood Restaurant & Bar Brooklyn, NY - Bushwick!

Asking Price:$465,000

Cash Flow:$165,000

Gross Revenue:$1,600,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Lease Rate/Sq. Ft.:$22.13/yr

Established:2012

Popular Neighborhood Restaurant & Bar Brooklyn, NY - Bushwick!

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Business Description

A cozy, neighborhood restaurant and bar offering New American cuisine and crafted cocktails in a cool tavern atmosphere.

Brunch, lunch, happy hour, dinner and bar service. Dine in, take out and delivery. Private party space available for rentals and reservations. Also a large screen for watching everyone’s favorite movies, shows and sports in an accessory room. Plus DJ booth and dance area.

Beautiful bar with craft beers on tap. Dining areas feature relaxing booths & bench seating. Nostalgic interior features tin ceilings, vintage lighting, wooden floors, exposed brick and more. Front doors open to the street. Fenced in sidewalk seating. Fully equipped kitchen. Full basement for storage or other uses with renovation.

Lots of space that can be used in many ways. Potential for expansion of different concepts as well as continuation of existing business.

Prime retail space on two industrial streets of Bushwick, a hip neighborhood in north Brooklyn. Perfectly situated at a high-traffic corner in the heart of Bushwick. Has been dubbed the 7th coolest, most stylish neighborhood in the world by Vogue magazine. This popular neighborhood features many art studios, galleries, boutiques and shops.

Highly confidential listing, please do not discuss with patrons or employees.

Listed by Tami Hillier at EatZ & Associates / Co-Broke with Steve Gardner at Franchise Concepts International

Detailed Information

Real Estate:
Leased
Building SF:
4,500
Lease Expiration:
12/31/2027
Employees:
7 Full/15 Part
Facilities:
Leased space $8,300/mth. Lease has 10 years left with additional 5-year option. Square Feet: 4,500. Seating: 74 Inside & 36 Outside. Hrs Of Operation: Daily 11a-2a.
Competition:
New American dining. A creative menu of fresh flavorful foods. Perfect place to relax and enjoy with friends or party the night away. Known for their delicious food, amazing drinks, friendly service, cool ambiance and the best music. Voted “Best Of” in 8+ categories for NYC restaurants. Great reputation to continue to build upon!
Growth & Expansion:
A very popular eatery. Local favorite. The neighborhood's best food/drink/dancing. A staple in the area and a landmark of Bushwick. The go-to place in Brooklyn. Developed group of regular patrons. Highly recommended. Located in a hot area of the city!
Financing:
Possibly to a well qualified buyer; minimum $200,000 down and buyer pays closing cost
Support & Training:
Up to two months on-site comprehensive training, if desired.
Reason for Selling:
Owners relocating.

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Tami Hillier

Business Listed By:
Tami Hillier

EatZ & Associates

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Sponsoring Broker:
Tom Traina

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