Popular Bar And Grill In Queens-Turn Key!
Bayside, NY Queens County
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- RE: Popular Bar And Grill In Queens-Turn Key!
- Contact: Ziggy Marszalek
Quick Facts
| Asking Price: | $550,000 | |
| Annual Revenue: | $1,033,668 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $377,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $15,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1999 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 610149666 | |
| Broker Reference #: | 22630 |
Business Overview:
For three decades, the heart of Queens has been home to this popular bar and grill. With a reputation for excellence, this well-known and profitable bar and restaurant has stood as a testament to quality and customer satisfaction. Situated in a locale known for its vibrant food culture and nightlife, this venue, spanning 1,700 sq feet, offers an appealing opportunity.
An Exceptional Turnkey Opportunity:
As an exceptional opportunity for prospective buyers, this 30-year-old thriving venture boasts of its prime location on a bustling street in Queens. This strategic location garners foot traffic from all corners of the 5 Boroughs and draws patrons from Long Island.
Potential for Growth:
Any new owner looking to maximize profit will find ample potential, especially with the underutilized, well-equipped kitchen. By enhancing the food offerings, there's a significant opportunity to increase the establishment’s food revenue.
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Property Features and Assets:
As an exceptional opportunity for prospective buyers, this 30-year-old thriving venture boasts of its prime location on a bustling street in Queens. This strategic location garners foot traffic from all corners of the 5 Boroughs and draws patrons from Long Island. Sale includes $6,000 of inventory. Monthly Rent:$15,700 Lease Ends:2033-01-06 Bldg Area:1,700 sq/ft Terms and Options:3%
Market Competition and Expansion:
Potential for Growth: Any new owner looking to maximize profit will find ample potential, especially with the underutilized, well-equipped kitchen. By enhancing the food offerings, there's a significant opportunity to increase the establishment’s food revenue.
Reason for Selling:
Seller relocating
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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