Brooklyn Halal Restaurant
Kings County, NY
Asking Price :
$ 1,610,000
Cash Flow :
$ 300,000
Gross Revenue :
$ 2,400,000
Inventory :
N/A
FF&E:
$ 500,000
Year Started:
N/A
Business Description
Large restaurant with an even larger following of regular customers. This is a very well established restaurant that gets lots of repeat business from its loyal customer base. This store serves authentic ethnic food with great flavor and served in a very cozy atmosphere that fits the cuisine.Several facts make this restaurant a great deal. Rent is more than 50% below market and not increasing because you are protected under a very tenant-friendly long term lease. This is a high volume store that has great verifiable cash flow. The business is turnkey and comes fully equipped with everything you need to keep the operations going and the money flowing. In addition, the business is fully staffed so a new owner could operate his/herself or utilize a General Manager and run this business hands off as an absentee owner.
Detail Information
Location: Kings County, New York
Inventory : Not Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Real Estate For Lease
Building SF : N/A
Rent : N/A
Lease Expiration : N/A
Employees: 11
Support & Training: Owner willing to stay on as long as necessary to ensure a smooth transition.
Reason for Selling: Retiring.