Italian Restaurant - Prime Cobble Hill Location

Brooklyn, NY (Kings County)

Italian Restaurant - Prime Cobble Hill Location
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Asking Price: Get Financing: $175,000

Cash Flow: $194,620

Gross Revenue: $1,050,000

EBITDA: N/A

FF&E: $250,000

Inventory: N/A

Lease Rate: $7,038 /Month

Established: N/A

Italian Restaurant - Prime Cobble Hill Location

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Business Description

Newly renovated Italian Restaurant for sale in prime location in Cobble Hill on Smith Street! Inside the renovated store front you’ll find exposed brick walls and high ceilings with 50 seats. The huge renovated outdoor space seats an additional 35 people. The basement is fully equipped with ice machine, walk-in cooler, office space, extra storage space and a big wine storage area. There are 7 years left on this lease with a 3% annual increase and a great option to buy! This restaurant has a full liquor license.

Detailed Information

Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
2 weeks
Reason for Selling:
retiring
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Tom Gesimondo

Business Listed By:
Tom Gesimondo

Transworld Business Advisors

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