Bistro Restaurant in Prime Section of Brooklyn

Kings County, NY
Asking Price: $400,000
Business For Sale Details
Listed on Aug 8, 2021(Renewed on Mar 13, 2025)

LISTING ID # 33233
This Large Bistro Restaurant in a Prime Section of Brooklyn used to do $1.5M in gross before the seller moved his family to Europe and he became semi-absentee. The restaurant still has a loyal following, upon which you can rebuild and then grow. It has two full bars, one of which is open-air during the warmer months of the year. You will find 2,500 sq ft at street level, inclusive of the bars, dining areas and kitchen. The dry and clean basement is also large and put to very good use. After 18 years at the same location, the seller is ready to hand over the reins to you, but not without providing all the transitional support you may need. The landlord stands ready to give you a brand new 15 year lease for $18K/month, which is below market for this much space in this trendy and affluent neighborhood, The business is only open Tuesdays through Saturdays now, but you can certainly add on Sundays and Mondays, as well as expand the hours. The restaurant's liquor license allows it to be open until 4am. The seller would be delighted to share suggestions with you as to how to resuscitate the business and take it to yet greater heights. Contact a broker for more information today.

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Financials (USD)

Asking Price $400,000

Cash Flow Not Disclosed

Sales $550,000

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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