High-Revenue Restaurant – Low Rent – 10-Year Lease – Turnkey

Asking Price$290,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$720,000

Inventory$45,000
Included in asking price
FF&E$160,000
Included in asking price
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High-Revenue Restaurant – Low Rent – 10-Year Lease – Turnkey


Asking Price$290,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$720,000

Inventory$45,000
Included in asking price
FF&E$160,000
Included in asking price

Seller Financing Available
Business Description
El Fogon Dominican Kitchen is an established, community-focused restaurant serving authentic Dominican cuisine in a high-traffic Bronx location. The business has built a loyal customer base through consistent food quality, strong local recognition, and dependable day-to-day operations.

Generating approximately $720,000 in annual revenue, the restaurant operates with controlled food costs (approximately 30%) and benefits from low annual rent of roughly $32,000 under a transferable long-term lease. The fully equipped commercial kitchen includes fairly new refrigeration units, commercial cooking equipment, and an efficient layout capable of supporting high-volume production for dine-in, takeout, and delivery.

The business is fully operational with trained staff, established vendor relationships, POS systems in place, and streamlined ordering processes. A beer and wine license adds incremental revenue opportunity and enhances overall customer appeal.

This is a turnkey opportunity for an owner-operator or investor seeking a stable, revenue-producing restaurant with expansion potential in marketing, catering, and delivery optimization.
About the Business
Years in Operation
7
Employees
10 (9 Full-time, 1 Part-time)
Facilities & Assets
Turnkey facility with a fully equipped commercial kitchen, including fairly new refrigerators and cold storage units, commercial cooking line, hood and suppression system, prep areas, and all essential equipment needed for immediate operation. The layout supports high output with efficient workflow and minimal downtime. Equipment has been well maintained, reducing immediate capital expenditure for a new owner.
Market Outlook / Competition
Located in a well-established commercial corridor with strong foot traffic and surrounding residential population, the restaurant benefits from consistent daily demand and repeat clientele. The concept fills a solid niche within the local market and maintains a competitive edge through brand recognition, quality control, and efficient cost structure.

The area supports continued growth, and additional marketing, catering expansion, and operational optimization present clear upside potential for a motivated operator.
Opportunities for Growth
Significant upside potential exists through expanded catering, stronger online marketing, optimized delivery partnerships, menu engineering, and extended hours. The fully equipped kitchen and long-term lease provide the infrastructure needed to scale revenue without major new investment. A growth-focused owner can unlock additional margin and top-line expansion quickly.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
600
Rent
$2,300.00 per month
Lease Expiration
9/14/2037
About the Sale
Seller Motivation
Owner operates multiple businesses and is consolidating efforts to focus on othe
Transition Support
2–4 weeks of on-site training, included in the sale price.
That should cover:
Daily opening & closing procedures
Vendor relationships (food suppliers, beverage distributors)
POS system training
Staff structure & scheduling process
Inventory ordering & food cost control
Basic bookkeeping flow (what bills get paid, when, etc.)
Introduction to regular customers if needed
Listing Info
ID
2477287
Listing Views
16
Business Location

Contact Seller

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Business Listed by: Alex Zapata

Listing ID: 2477287 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 of Use. Learn how to avoid scams.


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