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Listing Details - BRAND NEW BAR / RESTAURANT IN MANHATTAN-LIKE SECTION OF BROOKLYN
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BRAND NEW BAR / RESTAURANT IN MANHATTAN-LIKE SECTION OF BROOKLYN
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PARK SLOPE , BROOKLYN - New York, Kings
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
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| Listing ID: |
M47789 |
| Status: |
Sold |
Listing Details
| Listed Price: |
$425,000 |
| Down Payment: |
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| Total Sales: |
$750,000 |
| SDE: |
$160,000 |
| EBIT: |
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| EBITDA: |
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| FFE: |
$600,000 |
Included? Yes |
| Real Estate: |
$899,000 |
Included? Available |
| Inventory: |
$15,000 |
Included? No |
| A/R: |
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Included? |
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| Reason for Sale: |
RETIREMENT |
| Training: |
SELLER WILL COMPLETELY TRAIN |
| Financing Terms: |
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Operations
| Year Established: |
2009 |
| Last Acquired: |
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| Form of Ownership: |
S-CORP |
| Home Based: |
No |
| Relocatable: |
No |
| Type of Location: |
Stand-alone |
| Absentee Owner: |
Yes |
| Online: |
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| Employees: |
Full Time: 6 / Part Time: |
| Managers: |
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| Hours: |
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| Owner Hours: |
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| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
1/1/2026 |
| Option: |
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| Lease Terms: |
NEW 15 YEAR LEASE |
| Lease Security: |
$5,500 |
| Monthly Rent: |
$5,500 |
| Square Footage: |
1100 |
| Facilities: |
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Summary
| Business Description: |
This amazing NEW contemporary bar and restaurant was just built from scratch at a cost of $600,000. EVERYTHING was re-done with NO expense spared. The decor is a combination of fine dark woods and leather with contemporary lighting and accents. The main dining room seats 50 with room for an additional 30 on the private rear patio. The gorgeous bar can seat another 10 people.
The location is amazing , being in one of the finest upscale sections of Brooklyn (park slope), on a Major street famous for fine Bars and Restaurants. It serves a priceless blend of contemporary and classic Italian food, with an extensive selection of fine wines and alcoholic beverages,that will satisfy even the most discriminating connoisseurs of fine Italian food. Lack of experience and a partnership dispute has brought this extraordinary opportunity to market, Their loss is your gain. An experienced and ambitious operator can reach the sky with a foundation like this.
FOR MORE INFORMATION GO TO OUR HOMEPAGE www.lisitenassociates.com AND DOWNLOAD, FILL IN AND FAX THE NDA TO : 212-661-4285. Or email it to mel@lisitenassociates.com WE WILL THEN CONTACT YOU WITH THE INFORMATION THAT YOU SEEK. |
| Historical Summary: |
BRAND NEW FACILITY |
| Owner Qualifications: |
Experience counts. |
| Competition: |
unique and competitive |
| Potential Growth: |
UNLIMITED |
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