Businesses For Sale > Business For Sale in Queens , New York (NY)
Landmark Queens Restaurant & Bar for Sale for sale in Queens , NY
Queens , New York (NY)
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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Seller Reference Number: 11455
BusinessMart.com Listing Number: 131116 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Ken Stein
Kensington Company & Affiliates
516-626-2211
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