Listing ID: 73060

Business Overview

A rare opportunity to acquire an established Brooklyn restaurant and event hall that has built a government-approved institutional food service business alongside its dine-in, delivery, and private banquet operations. The business holds an active EBT/SNAP retailer authorization and an NYC Health Department–approved vendor status that qualifies it to supply meal contracts to adult day care and children’s day care facilities — a credential that is not easily obtained and creates a recurring, largely non-discretionary revenue base most restaurants do not have access to. Ownership is relocating and is motivated to work with a qualified buyer on a smooth transition.

Government & institutional contracts: Two active adult day care meal agreements generating approximately $50,000/month combined, with a third adult day care contract currently out for bid.

Diversified recurring revenue: Three additional children’s day care meal contracts layered on top of the adult day care business, plus ongoing restaurant, delivery, and private banquet revenue.

Regulatory moat: EBT-authorized and NYC Health Department–approved vendor status — a barrier to entry that limits competition for this type of institutional contract work.

Two-level venue: A 90-seat main dining and banquet hall on the ground floor, plus a private 30-seat event space on the second floor with its own separate entrance — allowing two private events to run simultaneously.

Long-term real estate security: Below-market, long-term lease in place, giving a buyer decades of cost predictability at a well-located Brooklyn commercial corridor address.

Growth runway: A pending third adult day care contract and an established institutional vendor track record position a buyer to pursue additional day care and adult day care meal contracts as they become available

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.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

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

Financial

  • Asking Price: $550,000
  • Cash Flow: $250,000
  • Gross Revenue: $1,000,000
  • 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.