Listing Number: 189597-993684
Description
For sale are four turnkey kosher restaurants in Brooklyn. The average revenue per restaurant is $1,175,000. Seller has managers in each store with 5-6 employees per location. Seller only works 12 hours/week dealing with payroll and cash deposits. Long term leases with below market rents. Leases range from 7-12 years. Owner is retiring which is the reason for the sale.
Listing Details
- Price: $ 2,000,000
- Down Payment: $2,000,000
- Sellers Discretionary Earnings: $ 704,794
- Total Sales: $ 4,696,600
- Location: Kings County, New York
- Inventory: $ 20,000
- FF&E: $ 400,000
- Employees: 20
- Year Established: 2017
- Reason for Selling: Retirement
- Category: Restaurants
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