Renowned French Restaurant for Sale in New York - 36556 Business Type: other eating & drinking places,other food stores,owner financing available,restaurant/ cafes/ diners
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $650,000 | Down Payment | $350,000 |
| Gross Revenues | $1,000,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $225,000 | Number of FT Employees | Register Free to View |
Financing
$350,000 Down and balance over 36 months @ 6%
Business Description
This is a rare opportunity to own an upscale French restaurant located in the heart of a vibrant Kings County neighborhood.
The well-established venue boasts impressive financials, generating $1 million in gross annual revenue and a net profit of $225,000, thanks to its exceptional menu, curated wine list, and live music on Saturday nights that attract a loyal clientele.
The restaurant features a full basement, perfect for storage or future expansion.
With an asking price of $650,000, owner financing is available, requiring $350,000 down and $300,000 financed over three years at 6% interest.
The property is secured by a 10-year lease, ensuring a high-visibility location, and offers expansion potential by remaining closed on Mondays and Tuesdays, allowing for immediate revenue growth.
This turnkey operation combines a superb location with strong financials and a beloved dining experience, making it an ideal investment for anyone looking to own a thriving restaurant with ample growth potential.
For more information, call Peter Santella at 516-250-6822.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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