Business Overview:
Established local cafe and bar restaurant is located in the heart of Historic Astoria. Restaurant reflects the multi- cultural aspects of neighborhood. Serving high quality foods at reasonable price. Steady cash flow business since 2005.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
1,000 square feet of space plus 16 table of side-walk table. 17,000 dollars value of inventory of wine, liquor and beer. 9 years lease with option of 5 year extension, with 4 % rent increases per year.
Rent $4,600 including water bill and re tax
Market Competition and Expansion:
Working hours: Monday to Friday 5 pm to midnight dinner only.
Saturday to Sunday 11 am to 4 pm Brunch, 5 pm to midnight dinner.
Expansion of business by opening of lunch during weekday.
Reason for Selling:
Relocation
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.