Restaurant for sale in Sheepshead Bay / Brighton Beach area of Brooklyn NY 11235.
This well-established restaurant consists of 1,200 SF of space and can accommodate up to 72 guests. The interior design has a contemporary and trendy look and the kitchen is equipped with all top of the line appliances. The restaurant specializes in A la carte, banquets and catering various events. This popular restaurant has a gross annual income of $1.4 mil. *All professional equipment and furniture will be included in the transaction. Current Rent: $3,854/Month, Real Estate Tax: $309.50/Month, Common Charges: $110/Month, Term: 10 Years with 5 Years Option to extend the lease (5+5 years remaining).
Key Money: $295,000. *Key money shall be payable to the current tenant and owner of the business at the lease transfer to the new tenant and owner of said business.
