![[Midwood Real Estate, listing number 3337912]](https://www.vlshomes.com/images/full/3337912a.jpg)
| Description: 3337912 | |
| This is a well-established Mexican restaurant with a positive cash flow, in the Midwood section of Brooklyn - Brooklyn College area. This is an area favorite for both eat-in and take-out. It has seating for 24 people and a steady customer base for deliveries. Last year`s gross income was $480,000. The present monthly gross income is approximately $40K. The monthly rent is $4,750 and there are 6 years left on the lease. Monthly payroll and utilities are about $13k and that is for 7 full and part time workers. The restaurant space is 900 sq ft. Additionally, there is a basement for storage and a back yard for extra storage. The extra-large kitchen makes it easy to accommodate take-out orders when the restaurant is crowded. There is room to bring down expenses if owner operates the business. | |
Details: |
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| Property Type: | Business Only | |
Financials: |
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| Price: | $110,000 | |
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