Five Star Restaurant in Queens County - 32127

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$1,600,000 $2,200,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Five Star Restaurant in Queens County - 32127 Broker: Vested Business Brokers, Ltd
Owner Financing is Available!
$1,280,000.00 Down & Balance at 6% negotiable terms.

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $2,200,000
Net Profit: Not Disclosed
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: $1,600,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 9
BBN Listing #: 61304447
Broker Reference #: 32127

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Business Overview:

This is truly a five star restaurant. It is located in a great area of Queens, NY. Restaurant is 7,200 square feet with at 7,200 square feet basement. Owner has been in this restaurant since 1988. This restaurant must be seen, everything is state of the art. Restaurant has three bars, TVs, special lighting, that you can adjust to different colors and soft mood lighting. This seller is retiring - he owns the building and offers a new buyer a great lease. To discuss the financials of this business, please contact Joe DeGaetano. Big Money Maker- Seller requires proof of funds.

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Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • 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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