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Restaurant, Banquet Hall And Institutional Food Service Business For Sale

Brooklyn, New York, US
Asking Price:
$550,000 Furniture / Fixtures included
Sales Revenue:
$1,000,000
Cash Flow:
$250,000

HS Listing ID-73060


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

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.