Price Drop | Night Club | Restaurant | Hookah Lge

Maspeth, NY
Queens County

Asking Price: Annual Revenue:
$360,000 $580,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Price Drop | Night Club | Restaurant | Hookah Lge Broker: Henry Galasso
Owner Financing is Available!

Quick Facts

Asking Price: $360,000
Annual Revenue: $580,000
Net Profit: Not Disclosed
Cash Flow: $200,740
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 14
Employees: Not Disclosed
BBN Listing #: 668335273
Broker Reference #: 11325

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Business Overview:

What an opportunity to own your own Night Club / Restaurant & More. Established 14 years this location throws off a high net with more room for growth. Current owner who runs this operation about 5 hours a day is ready to move on. Inside seating and an outdoor patio with such a beautiful atmosphere to sit and eat or stand and meet. Must see the outdoor area that everyone is talking about.Currently operating Monday - Friday 4pm to 1am , Saturday & Sunday 5pm to 4am serving dinner , drinks, live entertainment & more. These numbers do not reflect the new Lunch and Brunch hours that the owner just recently added. Other areas that will increase sales that the current owner does not take advantage of is Catering, deliveries & Advertising. The split is 60% Alcohol 40% food. Full basement with kitchen , Prep area & Storage. At this asking price and this net , this will not last long especially with today's Hot Market and the Nice weather coming quickly.

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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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