Gowanus Lounge: Serving Brooklyn

Brooklyn Nibbles: Another Slope Restaurant on the Market

January 21st, 2009 · No Comments

The way things are going it will probably be easier to tell you which Park Slope restaurants aren’t for sale. (Lighten up. This is a joke.) We have, however, come across another one that is. This is a Japanese restaurant on Fifth Avenue at Sixth Street that seems to meet the description of Sakura Cafe, which is at 388 Fifth Avenue, next to Thai Sky. This listing comes from Craigslist via Brookynian:

Restaurant business for sale by owner – $249000 ( Park Slope)…RESTAURANT FOR SALE BY OWNER. Prim location in PARK SLOPE on 5th Ave & 6th St. The restaurant has been established for 4 years. Being Sold as a Setup Business with W/B Liquor License. All fixtures, inventory, and equipment are included in the purchase price 1600 SF included Garden seating area. Had just renovated. so it’s looks brand new. Lease has 7 years + 5 more years remaining with option The present rent is $3,800/month (included heat & water) * It’s seriously below the market price. Currently Japanese restaurant & sake bar but it’s great for any other cuisine or wine bar business.

The “seriously below market price” part may be a “canary in the coal mine” kind of in terms of the state of some businesses in this economy.

Tags: Brooklyn Nibbles · Park Slope