Chapter 11 Forces Sale of Restaurant in Queens

Not Disclosed, NY
Queens County

Asking Price: Annual Revenue:
Not Disclosed $4,000,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Chapter 11 Forces Sale of Restaurant in Queens Broker: Ken Stein

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $4,000,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 49294701
Broker Reference #: 13931

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Business Overview:

This Restaurant is located in one of the busiest & biggest shopping centers in Queens. The seller MUST sell this profitable establishment for a fraction of the MILLIONS invested to build this ONE OF A KIND facility. With yearly sales of $4,000,000, the restaurant is averaging $80,000 per week in sales while operating 100% ABSENTEE. A more involved owner will be able to propel both the sales and profits of this establishment. A dedicated, hands-on owner who takes over the controls will make it an even bigger success. 6,500 square foot Dining Area with Party Room and Kitchen with seating for over 450 customers. There is an additional 4,000 Square Feet Outdoor Patio which can accommodate over 200 guests all year around. There is also a 1,000 Square Feet mezzanine for storage, prep and office space.

This restaurant has everything that is needed for them to be a MONSTER business- Great Location, Tremendous Visibility, Tons of Traffic, Beautiful Interior, Ample Parking, Full Surveillance System, Full Liquor License, Outside Seating, Private Office, and is PROFITABLE.

This is truly a once in a lifetime opportunity. All Reasonable Offers Will Be Considered.

Please refer to listing number 13931 when inquiring about this opportunity.

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Additional Details:

  • The property is leased.
  • 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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