500k/yr Kosher Restaurant in the Heart of Brooklyn
Listing Number: 189597-411650
Listing Details
- Down Payment: $295,000
- Sales: $500,000
- Seller's Discretionary Earnings: $120,000
- Inventory: $5,000
- Furniture, Fixtures, and Equipment: $50,000
- Rent: $5,300
- Employees:
- Year Established: 2000
- Reason for Selling: Relocation
Business Description
This delicious Glatt Kosher restaurant has been in the same great Brooklyn location for 22 years! The site is in the heart of the Brooklyn Orthodox Jewish community and across the street from multiple large Yeshivahs which gives them consistent lunch hour business and catering opportunities. The current menu is Israeli style meat and is very popular in the neighborhood. It is a turn key operation with a fully equipped kitchen, very experienced staff and full storage basement. Revenues are consistently over 500k/year with profits over 120k/year. Currently run by a father and son. Rent is very reasonable at $5600/mo. The father is looking to retire and move out of the country which is the reason for the sale. This is a rare opportunity to get a great fully built restaurant location in the densely populated Brooklyn community.