Bar & Restaurant For Sale-29432

Not Disclosed, NY
Queens County

Asking Price: Annual Revenue:
$15,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots

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RE: Bar & Restaurant For Sale-29432 Broker: Jim Aloi

Quick Facts

Asking Price: $15,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 45704447
Broker Reference #: Not Disclosed

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Business Overview:

Owner offering first year's rent- free! Sports bar for sale in Queens area- all new! Great for bar, pizzeria, Mexican restaurant, and catering for any menu! Brand new and under construction- $500,000 is already invested. Tenant lost place to landlord because he could not raise the last $150,000 needed to finish construction. All permits in place, and all rough plumbing, gas and sinks, bar and bathrooms are done. All plans on location. Fully complete, at a cost over $100,000 . Electric, fire system and kitchen- all roughed in and ready to finish. Two levels and partial 10 feet ceilings. Deal directly with the landlord. This is a great location, with non-metered parking. This busy Queens location is near a church, park and busy roads. This place is built to be high-volume. Must see it to believe. Someone's loss can be your gain. All new, large restrooms, custom bar, large lower-level kitchen, dining room, all-handicap area for live music, office area, stock rooms, liquor room and too much to list. Wired for high volume. There is a sports bar with multiple TV connections. Landlord offers four months' free rent and 10-year lease with five-year option. All new floors, roof, sheet rock and more. Great for major franchise. This will be a million-dollar place when finished- come add the final touches and redo the front. Contact broker Jim Aloi for an appointment. Landlord wants $15,000 key money, plus two months' rent security, and buyer will get four months' rent- FREE! Rent is $7,500 per month, with 15-year lease. Contact Broker Jim Aloi.

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Reason for Selling:

Landlord is selling.

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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