Outstanding Queens Buffet Restaurant

Queens County, NY

Asking Price: Annual Revenue:
$250,000 $650,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Outstanding Queens Buffet Restaurant Broker: Syed Ahmed
Owner Financing is Available!

Quick Facts

Asking Price: $250,000
Annual Revenue: $650,000
Net Profit: Not Disclosed
Cash Flow: $137,100
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1994
Employees: 6
BBN Listing #: 1624447
Broker Reference #: 14108 Ahmed

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Business Overview:

This nicely-placed buffet is located in the heart of one of the most crowded neighborhoods in Queens. Its size is 5,300 square feet, and its banquet has the capacity to hold 290 people at a time. Its interior design is awesome, and one feels exulted as they eat from the 35 item menu. As the surrounding areas are full of people, food businesses in this area are always on the rise, and its profitability and profit margin are unquestionable. This is a nineteen year old business, and its customers are already well established. As a matter of fact, its banquet hall is already booked for parties over the weekends up until December. The owner is willing to finance as well. Those who are already in the food business must think about buying this business at a bargain price!

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Reason for Selling:

owner is relocating

Additional Details:

  • The property is owned.
  • The owner is not 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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