Semi-Absentee 4 Kosher Restaurants in Brooklyn Grossing $4.7M

Kings County, NY
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Asking Price:$2,000,000
Gross Revenue:$4,696,600
FF&E:$400,000
Cash Flow:$704,794
Inventory:$20,000
Established Year:2017
BUSINESS 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.


DETAILED INFORMATION
Location
Kings County, NY
Inventory
Included in asking price
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Reason for Selling
retirement
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Elliot
Dweck
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Elliot Dweck