Business Summary:
Well-known / Profitable 30-year-old bar/restaurant in the heart of Queens! $300k plus in cash flow!High Demand to reintroduce lunch and daytime service and expand the Dinner menu as it has a full kitchen. The seller is extremely motivated offering attractive seller financing for a well-qualified buyer with industry experience. Exceptional opportunity to own and operate a thriving turnkey profitable 30-year-old bar/restaurant in the heart of Queens! Located on a bustling street with plenty of foot traffic, ensures a steady stream of customers from all over the 5 Boroughs & LI. Big potential for a new owner to take advantage of the underutilized well-equipped kitchen to increase the food revenue. This area is a hub for food enthusiasts and nightlife and is one of the more attractive locations currently on the market. 1,700 sq foot space is a must-see to appreciate!
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| Year
Business was Established: 1993 |
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| Number of Employees:
2 FT/10 PT |
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| Facilities / Terms of Lease:
1,700 sq foot refreshed establishment. |
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| Potential
Growth/Expansion:
Big potential for a new owner to take advantage of the underutilized well-equipped kitchen to increase the food revenue. |
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| Competition:
This area is a hub for food enthusiasts and nightlife and is one of the more attractive locations currently on the market. |
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| Owner
willing to finance:
$450K down/$100K over 36 mos. @ 6%. |
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| Owner
willing to train:
Will train for 3 weeks @ $0 cost. |
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| Reason for selling:
Owner will relocate. |
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Seller Reference Number: 3408-18021
BusinessMart.com Listing Number: 303715 |
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