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Restaurants With 3 Buildings For Sale
Location: United States -> New York -> New York City Area -> Brooklyn
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

property is 3 building adjust to each other and are operated and owned by the family. Lot 1 20 x 90 building front 20 X 90 building depth {building fully build on that lot only. Lot 2 20 x 90 building front 20 X 55 building depth. Lot 3 20 X 90 building front 20 X 55 building depth. On the second floor of building 1 they are 2 1 bedroom apartments. On the second floor of building 2 is used as a huge kitchen that operated by the owner to support is ground floor, bakery, pizzeria, and Italian seated restaurant. Above building number 3 they are existing 2 1 bedroom apartments. The all 4 apartment are occupied by the family members that owned and operating the business. There is no rental income as of now. Keep in mind that the second floor that used as a kitchen now can be converted to 2 residential units to increase rental revenue.

Ground floor summary. Owner claim that his businesses alone are generating a gross of $1.5 - $1.7 million a year. Contact for more information on these Restaurants & Buildings for sale.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $1,700,000
Cash Flow:   $1,700,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $400,000
Seller Financing:  No

About The Business

Year Established:  2000
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Relocating.




Print Listing Id: 70068486
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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