Business For Sale

Asian Restaurant at Prime Location in Queens

Not Disclosed, NY
Queens County

Asking Price: Annual Revenue:
$100,000 $426,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Asian Restaurant at Prime Location in Queens Broker: Sherry Wang
Owner Financing is Available!

Quick Facts

Asking Price: $100,000
Annual Revenue: $426,000
Net Profit: Not Disclosed
Cash Flow: $134,508
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 5
BBN Listing #: 456752376
Broker Reference #: 86471-85735

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Business Overview:

This top-rated Asian restaurant has been serving the community for 5 years. It is located at one of the busiest neighborhood in Queens, right beside the subway entrance, surrounded by residential and commercial buildings, high traffic both walking and driving. It prides itself on healthy food, high-quality ingredients, house-made sauces, and authentic taste. It has both dine-in and takeout options, and receives a lot of delivery orders every day. The kitchen is fully equipped and it has a full basement. This is a great turn key business for anyone who wants to have their own small business, or expand an existing business. The current owner would like to offer free training for 1-2 weeks in transition.

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Property Features and Assets:

This successful restaurant business was established by the owner 5 years ago. It has built a large and loyal customer base across the community.

Market Competition and Expansion:

This area has a variety of different facilities. They all flourish together capitalizing on high degree of traffic along busy avenue location. Potential Growth Location, location, location! The lease price is very reasonable. The current owner did very little marketing for the business. By doing more marketing online and in the neighborhood, the new owner can bring this business to a new level.

Reason for Selling:

Other business interests.

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.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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