Landmark Queens Restaurant & Bar for Sale
Queens , New York
Asking Price: |
Gross: |
Cash Flow: |
$900,000 |
$2,400,000 |
$365,000 |
Furniture and Fixtures Value:
$600,000 (included in the asking price)
Inventory Value:
$20,000 ( not included in the asking price)
Business Summary:
If Location, Location, Location is everything then this Queens Bar-Restaurant has it ALL. They have an incredible, highly visible location in Queens and have been in business for almost 15 years. It has everything; a great location, fun atmosphere, a long history with an excellent following that is highly profitable. They consistently have sales close to $2.5 million every year. Their facility is able to accommodate seating for close to 200 people and have flexibility to have private parties from 50 to 100 guests. They have created a fun bar and restaurant atmosphere serving excellent food at reasonable prices. Approximately 50% of their revenue is derived from liquor sales. The place is beautiful and no expense is spared in maintaining the bar-restaurant. They have a long term lease with rent less than 7% of sales. Please refer to listing number 11455 when inquiring about this opportunity.
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Owner
willing to finance:
$295,000 for a qualified buyer |
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REQUEST MORE INFO |
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