Listing ID: 70052

Business Overview

This is a profitable and well-established tropical-themed restaurant, bar, and lounge located in a prime, high-traffic area of Brooklyn. The venue is known for its energetic nightlife, modern décor, creative cocktails, and “party food” with European influences, featuring items such as oysters, steak, and caviar.

The business offers themed events, music, and dancing, creating a vibrant atmosphere that attracts guests for date nights, late-night entertainment, and private events. The property includes a full kitchen set up to support the restaurant operations.

Financial Overview:

2024 Gross Revenue: $2,700,000 (includes approximately $500,000 cash component)

2025 Gross Revenue: $2,750,000

Net Income: Approximately $900,000 annually

Owner Operated

The sale includes trained employees, existing inventory, equipment, and an active liquor license with all permits in good standing.

Operating Costs:

Monthly Rent: $10,699

Monthly Payroll: $15,000–$17,000

Annual Liability Insurance: $12,300

Annual Workers’ Compensation: $5,300

Rent & Lease:

Lease Term: Valid through June 2033 ( 7 Years )

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $2,000,000
  • Cash Flow: $900,000
  • Gross Revenue: $2,750,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.