• Listing ID: 1191182
  • (Seller ref: 19735)

Premier Steak House In Kings County For Sale


Location:
Category:
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Type:

Listed by:


Asking price:
$2,800,000
Sales revenue:
$3,091,350
Cash flow:
$1,145,697
Years established:
2010
Employees:
13/9

1/1


This big profit Kings County restaurant is the premier destination for prime steaks, seafood and the best wine selection this side of Napa Valley. Ideally located in Brooklyn?s most popular dining destination neighborhood, this seaside steakhouse already grosses over $3.3mil/year with higher income and profits just around the corner as their reputation grows. Beautiful, spacious, turnkey from the comfortable 7000 sq. ft (350 seat dining room) to the ?hotel? kitchen and private dining area, this restaurant gem will soon become the Spark?s of Brooklyn. Long lease (18 years), dedicated parking lot, and outdoor seating. Tremendous wine sales and private/corporate parties drive the tremendous bottom line- $1.2 mil/year. Managers and key employees to remain. Truly and one-of-a-kind restaurant opportunity.


Real Estate:
Lease

Support & training:
yes
Reasons for selling:
owners are investors that build businesses and then move on
Financing available:
1,800,000 down & $1,000,000: $300k payable over 4 yrs (equip lease) $700k @8% over 2 yrs.
Furniture / Fixtures value:
$250,000

For more information about this business for sale, click the Contact Seller button.


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