Fine Dining - Corner Hidden Gem - 20303

Queens County, NY
Queens County


Asking Price: Annual Revenue:
$350,000 $504,059

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Fine Dining - Corner Hidden Gem - 20303 Broker: Marie Goldstein

Quick Facts

Asking Price: $350,000
Annual Revenue: $504,059
Net Profit: Not Disclosed
Cash Flow: $133,253
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 5
BBN Listing #: 6784447
Broker Reference #: 20303

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Business Overview:

Corner location fine dining establishment with plenty of parking offering high end Italian cuisine along with a variety of panini sandwiches, gelato, muffins, cakes, cookies, and pastries. The location caters to a high income neighborhood via an upscale dining area as well as a casual gelateria/cafe. Two concepts in one location. The gelateria has its own entrance and can also be utilized as a private dining area. A new energetic and innovative owner can generate higher sales figures by adding a full liquor license as well as strengthening the catering segment of the business with the launch of an aggressive marketing campaign.

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Reason for Selling:

Personal

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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