Sports Bar and Grill- 31551

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$495,000 $1,000,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Sports Bar and Grill- 31551 Broker: Mel Vaz

Quick Facts

Asking Price: $495,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $175,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 9
BBN Listing #: 96964447
Broker Reference #: 31551

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Business Overview:

Sports Pub & Grill in High Traffic Area. *PRICE REDUCED* This business is located on the busiest strip in northern Queens. It is a rare find. It is 1,500 square feet with a full bar, kitchen and basement. In fact, there is a lounge area in the back. In the past year the business grossed approximately $1,000,000.00 with a cash flow of approximately $175,000.00. There are 8 years left on the current lease (it can be extended for a qualified buyer) at a rent of $8,000/month. We are seeking a serious and financially qualified buyer with at least $320,000 in liquid funds to cover the down payment and rent security. To learn more, please contact Mel Vaz today or email us. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

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Reason for Selling:

Time Management.

Additional Details:

  • The property is owned.
  • 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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