cocktail bar where business is booming!

Queens, NY
Queens County


Asking Price: Annual Revenue:
$165,000 $402,687

Food & Beverage: Bars, Clubs, Nightspots


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RE: cocktail bar where business is booming! Broker: Amy MIngasson
Owner Financing is Available!

Quick Facts

Asking Price: $165,000
Annual Revenue: $402,687
Net Profit: Not Disclosed
Cash Flow: $36,444
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 5
BBN Listing #: 766849826
Broker Reference #: 83341-805568

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Business Overview:

A clean, cozy cocktail bar for sale in a very upcoming Queens, NY, neighborhood on a busy street with plenty of foot traffic and a dedicated staff. This could be the place for you to establish business, a sweet spot positioned in a hot market not far from Brooklyn.

This isn’t some hipster bar. This is a distinctly easygoing spot where people of several generations flock for great service and amazing cocktails. Regulars start at 2pm for a pick-me-up, and from there they come in waves: would-be locals meeting their future roommates… first dates at Happy Hour… couples for the after-dinner rush… and the devoted late night clients, often professionals of the service industry who recognize a wonderful bar when they see it.

Why the faithful following? Competent, professional bartenders and a welcoming atmosphere. New customers become regulars at first sip. It’s a great way to meet your neighbors, especially when it becomes YOUR bar.

Social media up and running with followers included!

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Property Features and Assets:

Since 2015, it's fantastic watching the community bond over pints of cold beer and delicious cocktails.

Market Competition and Expansion:

Great loyal staff with low turnover. Many apply for a position here. The establishment is known for great consistent cocktails. The customer base is growing as neighborhood grows. Business is booming. Potential Growth New people moving to the neighborhood every day. There are a lot of young professional transplants taking advantage of the developing neighborhood and cheap rent. They tend to figure out quickly that my bar is the best place to socialize and meet new people.

Reason for Selling:

Moving

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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