Bar/Restaurant. Very Profitable with Big potential

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$195,000 $940,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Bar/Restaurant. Very Profitable with Big potential Broker: Doug DaCosta

Quick Facts

Asking Price: $195,000
Annual Revenue: $940,000
Net Profit: Not Disclosed
Cash Flow: $218,900
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 14
BBN Listing #: 227442489
Broker Reference #: 5063-525050

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Business Overview:

This Bar/Restaurant was built out 5 years ago and hit the ground running. 1700 sqft with a kitchen up stairs to maximize the open floor plan. The Bar/restaurant does NOT need any updates, just a new owner with some ambition. Currently they have a large delivery business, leaving plenty of opportunity to grow the bar and restaurant side of the business. In the 5 years since it has opened the sales have averaged over 1 million with a super low rent of 2800/month. There is a good staff willing to stay on. The Bar/Restaurant has a late night license for 4am. The aggressive pricing is because the owner is looking to sell fast and want to hear all reasonable offers.

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Reason for Selling:

Relocating

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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