How much does a restaurant for sale in Brooklyn cost?
Brooklyn restaurant acquisitions vary by submarket and concept type. Asset sales typically start from $80k+. Full business sales range from $200k+ to over $1.8M+ for established concepts in prime submarkets like Williamsburg and Greenpoint, Park Slope, Cobble Hill, and Carroll Gardens, Bushwick and Bed-Stuy. Confirm at least three years of financials and SLA license status before making any offer.
What are restaurant lease rates in Brooklyn?
Brooklyn restaurant lease rates run roughly $50 to $140 per square foot annually, with the higher end of the range applying to prime submarkets and the lower end to emerging or suburban areas. NNN structures and CAM charges typically add another $8 to $18 per square foot annually.
What types of restaurant transactions are listed in Brooklyn?
Pepperlot lists business sales, asset sales, and property sales across Brooklyn. Asset sales transfer equipment and lease only, keeping the seller's prior liabilities out of the transaction. Business sales include the full operation, brand, SLA license where transferable, and staff. Property sales are outright real estate purchases.
Do I need an SLA license to buy a Brooklyn restaurant?
Any restaurant in Brooklyn that serves alcohol requires a State Liquor Authority (SLA) license. Kings County SLA license transfers and new applications typically take 90 to 180 days. The 500 foot rule applies to new licenses, and Brooklyn has a dense network of schools and houses of worship that affect siting. Confirm the license type and transfer requirements with both the seller and SLA before closing.
What submarkets are most active for restaurant sales in Brooklyn?
On Pepperlot, the most active Brooklyn submarkets currently are Williamsburg and Greenpoint, Park Slope, Cobble Hill, and Carroll Gardens, Bushwick and Bed-Stuy. Each carries different customer demographics, lease economics, and concept fit, so the best submarket depends substantially on the concept being acquired or planned.
Can I list my Brooklyn restaurant for sale on Pepperlot?
Yes. Listing on Pepperlot is free. Create a Brooklyn-specific listing with details like hood systems, seating, SLA license type, and lease terms. Confidential listing options are available for sellers who prefer to reach buyers without publicly disclosing the business identity.
