Chicken / Wings / Burgers & More | 2 Store Deal |

Astoria, NY
Queens County


Asking Price: Annual Revenue:
$735,000 $2,340,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Chicken / Wings / Burgers & More | 2 Store Deal | Broker: Henry Galasso
Owner Financing is Available!
$150,000

Quick Facts

Asking Price: $735,000
Annual Revenue: $2,340,000
Net Profit: Not Disclosed
Cash Flow: $307,840
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 10
Employees: Not Disclosed
BBN Listing #: 600435273
Broker Reference #: 11666

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Business Overview:

What an opportunity for a partnership or a Family who is looking to take over these 2 unbelievable locations. These locations are in 2 of the hottest parts of Queens. Both areas are very well groomed and still growing. Seller is moving out of the state and is forced to sell. One location has been there for 10 years and is averaging $30,000 a week and the other location which the seller invested $250,000 in a build out 8 months ago and is already averaging $15,000 a week. Current owner bounces back and forth from the locations making sure they are being operated well. He does the ordering for both locations. He does not get involved with the cooking and cleaning. With a hands on operator you can relieve some payroll and increase sales Drastically. 5 years on one lease with NP for an extension with a qualified buyer and 13 years on the other lease. Low rent for these locations. All sales are verifiable through P.O.S. All equipment pd for & very well maintained. Hours of operation are 11am to 11pm Monday - Sunday. These 2 Hot locations will not last. Please have proof of funds ready.

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Reason for Selling:

Moving out of state.

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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