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Club Restaurant Catering Kings County For Sale

Kings County, New York, US
Asking Price:
$880,000 (USD)
Sales Revenue:
$4,500,000 (USD)
Cash Flow:
$600,000 (USD)

Come see this gorgeous club/restaurant in the super hip spot in Brooklyn. No expense was spared in the design and layout of the space. With an occupancy of 370 people, this 14,000 sqft space boasts a huge seating and dancing area, two large granite bars, DJ booth, stage and a breathtaking enclosed rooftop lounge. The professionally designed kitchen is set up to feed a small army and the high end equipment is fully paid for. The build out alone cost well over one million dollars. 48 surveillance cameras discretely placed throughout the entire facility allow the owners to view their operation remotely so they can always keep an eye on things. Annual gross sales is $4.5 million and the net is $600k. There is a long 10 year lease in place with a 5 year option. Seller financing is available. To schedule an appointment to see the space, please contact Ross Lombardo. Please be very discreet when visiting this business since the employees and patrons are not aware of the owners intentions to sell.

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Business Operation

Reasons for selling:

Other interests

Employees:
15FT
Years established:
2015

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

600,000.00 Down & 280K @ 7% over 36 months

Furniture / Fixtures value:
$300,000 (USD)

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