41 A Newkirk Plaza Brookl Plaza, New York, NY, 11226
$130,000
activeType
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
This is a well-established Mexican restaurant with a positive cash flow, in the Midwood section of Brooklyn - Brooklyn College area. This is an area favorite for both eat-in take-out. It has seating for 24 people and a steady costumer base for deliveries. Last year's gross income was $480,000. The present monthly gross income is approximately $40K. The monthly rent is $4,750 and the lease has six years left. Monthly payroll and utilities are about $13k and that is for 7 full and part time workers. The restaurant space is 900 sq ft. Additionally, there is a basement for storage, and a backyard for extra storage space. The extra-large kitchen makes it easy to accommodate take-out orders when the restaurant is crowded. There is room to bring down expenses if owner operates the business.
Listed by Aldo Iemma, Empire State Realty Group NY
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