Absentee Run Restaurant for Sale in Kings County

Asking Price$1,100,000

Cash Flow
$460,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,000,000

Inventory$15,000
Not included in asking price
FF&E$40,000
Included in asking price
Real EstateNot Disclosed

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Absentee Run Restaurant for Sale in Kings County


Asking Price$1,100,000

Cash Flow
$460,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,000,000

Inventory$15,000
Not included in asking price
FF&E$40,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
LISTING ID # 36556

An exceptional opportunity to acquire a fully absentee-run, upscale dining establishment located in a thriving and affluent Kings County neighborhood. This highly regarded venue features a refined menu, curated wine selection, and live music events that consistently draw in loyal, high-end clientele. The business has recently secured a liquor license, further enhancing its already strong revenue profile. With $2M in annual revenue and nearly half a million in owner cash flow, this is a turnkey investment with meaningful upside. The space includes a full basement for storage or potential future use. A long-term lease ensures location stability, and there's immediate room for growth as the restaurant is currently closed two days per week. This is an ideal opportunity for an investor or industry professional seeking a well-established, absentee-run operation with strong financials and growth potential. Serious inquiries only.
About the Business
Years in Operation
6
About the Sale
Seller Motivation
Other interests
Transition Support
Seller will train
Financing Options
600,000.00 Down & $500k over 36 months @ 6%
Listing Info
ID
2404216
Listing Views
253

Contact Seller

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Business Listed by: Vested Business Brokers, Ltd Vested Business Brokers, Ltd

Listing ID: 2404216 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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