Kensington Company & Affiliates
Business Brokers

Home

View Our Businesses For Sale

Contact Us

Allora Italian Kitchen & Bar

Bay Terrace Shopping Center, Queens, New York

Asking Price: Gross: Cash Flow:
$3,150,000 $4,000,000 Undisclosed

Business Summary:
Allora Restaurant, Bar and Event Facility is located in Bay Terrace Shopping center, one of the busiest & biggest shopping centers in Queens. The seller MUST sell this profitable establishment for a fraction of the MILLIONS invested to build this ONE OF A KIND facility. With yearly sales of $4,000,000, Allora is averaging $80,000 per week in sales while operating 100% ABSENTEE. A more involved owner will be able to propel both the sales and profits of this establishment. A dedicated, hands-on owner who takes over the controls will make it an even bigger success. The restaurant is 6,600 square feet with seating for 480 customers with a Private Party Room to accommodate 75 guests, a Pizza Bar and Bar Area. There is an additional 3,800 square foot Outdoor Patio which can accommodate 220+ guests (2,000 of which is enclosed). There is also a 2,000 square foot mezzanine with storage and office space.Allora has everything that is needed for them to be a MONSTER business- Great Location, Tremendous Visibility, Tons of Traffic, Beautiful Interior, Ample Parking, Full Surveillance System, Full Liquor License, Outside Seating, Private Office, and is PROFITABLE.This is truly a once in a lifetime opportunity. Please refer to listing number 13931 when inquiring about this opportunity.

 
   
   
Number of Employees: 60  
   
Owner willing to train: Yes  

 

 

REQUEST MORE INFO

Full name:

E-Mail:

Telephone:

Message Text :