$300K Cash Flow- Bar & Grill - Seller Financing

Not Disclosed, NY Queens County

Asking Price: $550,000

Annual Revenue: $1,003,668

Food & Beverage: Bars, Clubs, Nightspots

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$300K Cash Flow- Bar & Grill - Seller Financing

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RE: $300K Cash Flow- Bar & Grill - Seller Financing
Contact: Darren Smith

Owner Financing is Available!

$450,000 down/$100,000 over 36 months @ 6%.

Quick Facts

	Asking Price:	$550,000
	Annual Revenue:	$1,003,668
	Net Profit:	Not Disclosed
	Cash Flow:	$377,000
	Total Debt:	Not Disclosed
	FF&E:	$15,000
	Real Estate:	Not Disclosed
	Year Established:	1993
	Employees:	12
	BBN Listing #:	68094955
	Broker Reference #:	3408-18021

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Business Overview:

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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Property Features and Assets:

1,700 square foot refreshed establishment. Assets = $21,000

Market Competition and Expansion:

This area is a hub for food enthusiasts and nightlife and is one of the more attractive locations currently on the market. Big potential for a new owner to take advantage of the underutilized well-equipped kitchen to increase the food revenue.

Reason for Selling:

Owner will relocate.

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

Relevant Links:

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