Return to broker profile

Great Restaurant Opportunity, prime BK tons of foot traffic+regulars

Brooklyn, NY (Kings County)

Great Restaurant Opportunity, prime BK tons of foot traffic+regulars
Contact Seller

Asking Price: $150,000

Cash Flow: $80,000

Gross Revenue: $365,000

EBITDA: N/A

FF&E: N/A

Inventory: $1,000

Rent: $3,500 /Month

Established: 2016

Great Restaurant Opportunity, prime BK tons of foot traffic+regulars

Save Print Share Valuation Report

Business Description

Priced to SELL

Located on a lovely residential block in Bay Ridge, this thoughtfully designed and decorated restaurant has been built out from scratch and is only 2.5 years old. Serving middle eastern Halal food and having a menu that was developed by a native Egyptian cook with many years of experience and understanding of high quality Middle Eastern kitchen.

Approximately 1,800 sgft , the restaurant sits about 25 ppl, has an open kitchen with brand new stoves, ovens, fryers, and broilers. The kitchen is separated by a glass showcase with a daily selection of freshly made salads and desserts.

Clean and well kept basement has a prep area, large walk in, 2 freezers and a huge sink. There is additional space that is currently used as a storage and can be easily converted into an office.

With 10 years lease total (5 years with additional 5 years option for renewal), 3% annual increments, low carrying costs and utilities, and perfect Bay Ridge location - this place is ready for a new buyer to take it to the next level.

Detailed Information

Location:
Brooklyn, NY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
4/7/2029
Employees:
2
Support & Training:
Will provide
Reason for Selling:
Relocation
Contact Seller

Contact the Seller

Contact Seller Loading

Carol Shin

Business Listed By:
Carol Shin

Inbar Group Inc - Business Brokers

Show Phone Number

View My Listings


Sponsoring Broker:
Jay M. Inbar,Certified Mergers &Acquisition Pro

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1606962 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Mrs. Fields Cookies

Franchise Opportunity
Capital Required: $350,000