Absentee New Astoria Eatery Doing $23k Weekly

Astoria, NY
Queens County

Asking Price: Annual Revenue:
$275,000 $1,200,000

Food & Beverage: Coffee, Cafe, Dessert

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RE: Absentee New Astoria Eatery Doing $23k Weekly Broker: Elizabeth Galasso

Quick Facts

Asking Price: $275,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $97,300
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 166435273
Broker Reference #: 11746

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Business Overview:

Located in the heart of Astoria on the main Ave, this Cafe is doing $24,000 a week in less then a year! Newly built Cafe Eatery has the potential and ability to do even more business with the right management in place. Food experienced operators needed. The owner is absentee and dependant on the manager who gets paid $1,500 a week. Beautifully built from scratch with no expense spared. Not open for breakfast, this is a lunch & dinner business only, but if a new owner opens for breakfast, they can easily add an additional $7,000 to $10,000 a week. The business is 50% walk-in and 50% delivery. All sales are verifiable. There are approximately 30 seats inside, outdoor seating in the front and in the backyard as well. This is priced to sell fast. Contact Bob Patel.

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Reason for Selling:

Other business interests.

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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