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  • RE:  Popular Bar & Grill In Queens - 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!

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

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