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Profitable Restaurant with Only $1600 Rent

Queens, New York

Asking Price: Gross: Cash Flow:
$299,000 $780,000 $100,000

Furniture and Fixtures Value:
$250,000 (included in the asking price)

Business Summary:
Recently opened Mediterranean Restaurant located on a busy corner in Queens is for sale. This State of the Art Restaurant has incredibly LOW Overhead with Rent at only $1,600. They have seating 50+ inside PLUS Outdoor Sidewalk Café Seating of 12. They are located in a busy vibrant area of Queens, surrounded by a busy commercial and thriving residential community. The business operates Semi Absentee and a more involved owner has Tremendous Potential, especially with their very LOW monthly rent of $1,600. Very rarely can you find rent anywhere in New York City area for $1,600 per month. Complete full kitchen equipment with walk-in freezer and cooler, overextended hood, automatic dishwasher, beer coolers, and more. This restaurant satisfies the most demanding palate. It could be adapted to other types of Restaurants such as Italian, Middle Eastern, American, Thai or any other concept. Seller wishes to pursue alternate career path and is willing to share recipes and train a new buyer. Please refer to listing #12548 when inquiring about this listing.

 
   
   
Year Business was Established: 2013
   
Number of Employees: 8  
   
Owner willing to train: Yes  
 

 

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