Established Neighborhood Bar in Park Slope

Brooklyn, NY (Kings County)

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Asking Price: $175,000

Cash Flow: $60,000

Gross Revenue: $500,000

EBITDA: N/A

FF&E: $70,000

Inventory: $20,000*

Rent: $7,210 /Month

Established: 1993

*not included in asking price.

Established Neighborhood Bar in Park Slope

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Business Description

Neighborhood bar and restaurant

Established neighborhood craft beer bar since 1993. 20 tap draft system in place to offer a wide variety of the best local, regional, and import beers. Adjacent temperature controlled cellar offers plenty of storage for wine, liquor, and speciality bottles. Long 30' original bar top has 18 barstools. 6 large booths brings indoor seating capacity to 44. Patio tables bring the total seating to 56.

Long term lease runs until 2027. Below market rental rate/square foot.

All FF&E owned and included. Inventory included. POS system, chairs, barstools, shelving units, freezers, small ware, drink ware, etc... Fully vented kitchen with equipment (range, over, fryers, broiler, low boy cooler, salad/sandwich cooler). Full size basement with prep area and separate walk in coolers for food and alcohol. Large back office for storage with potential to be converted into private party room.

Detailed Information

Location:
Brooklyn, NY
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
10/1/2027
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Owner will assist as necessary
Reason for Selling:
New Business Venture out of state
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Business Listed By:
Not Disclosed

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