Monday through Friday Quick Serve restaurant

Long Island City, NY
Queens County


Asking Price: Annual Revenue:
$1,399,000 $1,900,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Monday through Friday Quick Serve restaurant Broker: Seller of Business
Owner Financing is Available!
$500,000

Quick Facts

Asking Price: $1,399,000
Annual Revenue: $1,900,000
Net Profit: Not Disclosed
Cash Flow: $432,172
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 146735273
Broker Reference #: 11475

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Business Overview:

This industrial Monday through Friday Quick Serve restaurant has a full-time staff of 16 people, open from 5 a.m. to 4 p.m. only very easy to manage you'll never work nights and weekends again. Plenty of storage and completely renovated in 2013. Not only was the building cosmetically renovated but the foundation, the roof, the electrical, the plumbing, the HVAC, and the exhaust fans and the refrigeration spared no expense when renovated. Owner Spared no expense when renovating to the tune of $700,000. 13 years left on this lease to rent is 70% under market and this area is thriving! 2,100 square feet with an 800 square feet basement and anybody who has some catering experience could take this to a whole another level. Owner currently nets $430,000 per year and will hold a half a million dollars in a promissory note if you have food experience. Please have proof of funds ready. Henry Galasso. Please use email reply button of this ad to contact us.

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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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