Restaurants & Bars · Brooklyn, NY
Established Restaurant and Banquet Hall in Brooklyn
$550,000
- Asking price
- $550K
- Cash flow (SDE)
- $250K
- Revenue
- $1M
- Multiple
- 2.2×
- Margin
- 25%
93% above median ($285K)
55% above median ($162K)
13% above median ($884K)
12% below median (2.5×)
8 pts above median (17%)
About this business
This established business offers a restaurant and banquet hall with a focus on institutional food service, including government contracts for daycare meals. The facility features a main dining area and an additional private event space, allowing multiple events simultaneously. The owner is motivated to sell due to relocation and is open to assisting with the transition to new ownership.
- Government-approved institutional food service contracts
- 90-seat dining area and a private 30-seat event space
- Long-term lease in a prime Brooklyn location
- Recurring revenue from daycare meal contracts
- Support and training included
Business details
- Category
- Restaurants & Bars
- Business type
- Main Street
- Location
- Brooklyn, New York
- Reason for selling
- Other business interests
- Listing ID
- 73060
Listing history
Listed · Nov 13, 2026
Asking $550,000
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