Restaurant with sales over $31K/wk need only $250K

Not Disclosed, NY
Queens County

Corner Location


Asking Price: Annual Revenue:
$350,000 $1,550,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant with sales over $31K/wk need only $250K Broker: John Kuchcicki
Owner Financing is Available!
Seller will hold a note for the right buyer with a down payment of $250,000.

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,550,000
Net Profit: $150,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: NY
Year Established: 2003
Employees: 15
BBN Listing #: 894750042
Broker Reference #: 180508

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Business Overview:

This restaurant is located in a very nice, busy area of Queens County New York. It has a corner location with off street parking. The present owner has been there for over 14 years and is retiring. With consistent sales of over $31,000 per week this business is a true moneymaker. A new lease of 5 years plus a 5 year option is available with rent starting at only $6,000 per month. The restaurant is about 2,000 square foot and has seating for 72 and a full kitchen. For more information and to view this great business contact John Kuchcicki of All County Business Brokers, Inc.

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Property Features and Assets:

2,000 Square Foot restaurant with seating for 72 and full kitchen.

Reason for Selling:

Retiring

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.

Relevant Links:

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