BOERUM HILL BAR/RESTAURANT with Wood Burning Oven

Contact Seller
LEGAL WOOD BURNING OVEN
Asking Price:
$150,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

Share this business:

Business Description

This is a fully built out sparing no expense located on the Avenue in Boerum Hill which is undergoing a major metamorphosis with a young hipster crowd. This space has a LEGAL WOOD BURNING OVEN. Space is about 1600 and with some minor cosmetic interior work can make a 20 seat bar with plenty of other seating. ADA Baths in place Basement has two more brand new bathrooms with lobby area and then has walk-ins with additional prep. kichens, storage, office space, private owner bath with shower, front sidewalk grate for deliveries. IMPECCABLE. JUST IMPECCABLE.

Present tenant is obtaining a new 10 years lease with 5 option with 3% bumps at $7,400 a month.

An experience Bar/Pub operator can CLEAN UP here.

If you move FAST and CLOSE FAST you can rack up $$$$$ on the Atlantic Ave Street Fest in August being the only bar on the street.

About the Business

Year Established:
2011
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
10,000
Lease Amount/Mo.:
$7,400.00
Lease Expiration:
10/31/2026
Facilities:
Fully built out using quality materials and top of the line kitchen equipment.
Market Outlook/
Competition:
Of course there are other restaurants in the area BUT NOT ANY LATE NIGHT BARS YET. This neighborhood is just starting to grow like Williamsburg if you convert the present operation more of a bar/restaurant (something trendy like the Meatball Shop in Williamsburg) and take advantage of the WOOD BURNING OVEN to do a nice tapas/bar menu you will KILL.
if you have good food and good service you will be successful
Growth & Expansion:
Converting the present operation to a bar with food using the Wood Burning Oven, doing more deliveries and creating a bottomless brunch you can 1000% increase revenue.
Contact the Seller

About the Sale

Reason For Selling:
Owner seeks to retire and move to Florida by his Son
Training/Support:
To be determined
Seller Financing:
To be discussed

Listing Info

ID:
1352925
Ad Detail Views:
341

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by
Wayne Rose

 Show Phone Number

U.S. Census Data for Kings County, NY
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Kings County, NY
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.
;