Absentee Run Restaurant for Sale in Kings County - 36556
Absentee-Run Restaurant in Kings County, NY
On NextCompany since October 1, 2026 (14 days)
NY area
Business overview
This upscale, full-service restaurant operates in Kings County, NY, with absentee ownership. Its refined menu, curated wine selection, and live music draw loyal, high-end clientele. The restaurant recently secured a liquor license and has a full basement for storage or future use.
A long-term lease covers the premises. The restaurant closes two days per week, leaving room for growth. The listing reports $2,000,000 in gross revenue, $460,000 in cash flow, and a $1,100,000 asking price. Advertised financing calls for $600,000 down and $500,000 over 36 months at 6%.
Who is a good fit for this business
- Buyers seeking an absentee-run, full-service restaurant in Kings County, NY.
- Restaurateurs seeking growth through a restaurant that currently closes two days per week.
- Buyers seeking advertised financing terms of $600,000 down and $500,000 over 36 months at 6%.
Details
- Real estate
- Leased
Frequently Asked Questions
The business operates as an upscale, full-service restaurant in an affluent Kings County neighborhood. Its refined menu, curated wine selection, and live music attract loyal, high-end clientele.
The listing describes the restaurant as fully absentee-run. That ownership arrangement allows a buyer to consider the business without assuming the current owner works on site.
The listing reports $2,000,000 in gross revenue and $460,000 in cash flow. Vested Business Brokers lists the restaurant at a $1,100,000 asking price.
A long-term lease covers the restaurant's premises. The full basement offers storage or potential future use, and the restaurant currently closes two days per week.
The listing advertises financing with $600,000 down and $500,000 over 36 months at 6%. Those terms accompany the restaurant's $1,100,000 asking price.