Beautiful Niche Franchise Restaurant In Queens For Sale

Business description

New Niche food & bar type Franchise which is upscale 5000 square feet style restaurant is presently located in one of New York most upscale malls that up & coming Must see to appreciate! This beautiful restaurant cost over 1 million dollars to build and is open less than 3 year and numbers are growing . Seller prefers to find partner to build second location or will consider to sell or move to new location. Please Note seller has powerful extremely busy new New York City Location in Mind and can move this Million dollar build out to new location which will triple present cash flow. This restaurant offers a full bar plus private and VIP type very upscale dining areas as well as a private party room. This Niche business operates with a very low payroll and food costs are under 22 percent. . This restaurant now offers short hours of operation and offers no entertainment. This is a gold mine of a chance to own one of New York areas best concept of its kind. Please present proof of funds. 20 year lease with great terms and offer unlimited parking, seller only works as a host! Contact Broker Jim Aloi for more info. Note Partner who may have capital or Restaurant experience and is willing to work with seller to relocate this super unique concept to NYC should call broker The cost of the move with new build out including rent and security should be under $300k partner can work hands on or be a absentee partner. Partner will then own fifty percent of business at new location. Everything can be moved easily and seller has the know how to make move at a low cost. Buyer can truly own a new million dollar business partnership for under $300k

Property information

Real Estate:

Lease

Other information

Support & training:

yes

Reasons for selling:

Other Interest

Financing available:

345,000 down & Terms is Negotiable

Furniture / Fixtures value:

$300,000 (included in the asking price)

Inventory / Stock value:

$25,000