Iconic Brooklyn Dominican Restaurant Since 1986 $1.2M Gross For Sale

Brooklyn, New York, US, ID 194728

Iconic Brooklyn Dominican Restaurant Since 1986 $1.2M Gross For Sale 1
Iconic Brooklyn Dominican Restaurant Since 1986 $1.2M Gross For Sale 1
Asking price:
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Owner
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Description

Business HighlightsEstablished in 1986, nearly 40 years of continuous successful operationRecognized as one of Brooklyn’s most iconic Dominican restaurantsStrong 2025 gross revenue of 1.2MAggressively priced at 799K for quick saleBeer and wine license includedSeating for 42 indoor and 10 outdoor guestsApproximately 1,350 square feet fully built out restaurant spaceFavorable lease through 2035, rent 69,600 per yearStrong dine in, catering, takeout, and neighborhood repeat businessLoyal multi generational customer baseTurnkey operation with established systems and staff in placeRevenue MixDine In 60 percentDelivery and Takeout 30 percentCatering and Events 10 percentWhy This Is a DealAt 799,000, buyers are acquiring a Brooklyn institution at approximately 2.5 to 2.9 times normalized cash flowThis is highly attractive forLegacy brand valuePrime Brooklyn locationLong lease securityImmediate revenue generationEstablished customer loyaltyTurnkey operational structureA signed confidentiality agreement is required for the exact location

Details

Real Estate: Lease
Reason for selling: Pursuing other opportunities
Square m2: 125

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