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Listed by:

Kensington Company

Corner Restaurant Location In Queens For Sale

Queens, New York, US
Asking Price:
$450,000 (USD) Furniture / Fixtures included
Sales Revenue:
$2,500,000 (USD)
Cash Flow:
$250,000 (USD)

This restaurant is located on one of the best corner’s in queens. They have everything….. Location, location, location, steps from the main subway station, multi levels for seating and private parties, seating for 200+, huge bar, full basement, plus 100 outdoor seating which is almost impossible to find in queens. How can this 5,000 square foot restaurant & bar get better? By having a long-term lease that is way below fair market value rent. The buyer will need to re-brand so you will be able to make it your own concept for a fraction of the cost. The current restaurant operates 100% absentee and is doing $2.5m per year in sales, which is an excellent indicator of the volume this place can generate with the right operators. No expense was spared on this $2 million beautiful state of the art build out. This unbelievable highly visible location will sure to catch your attention. Ample easily accessible municipal parking close by, plus on street parking, garages and steps from the subway. This is truly a rare opportunity. Please refer to listing #14286 when inquiring about this listing.

Property Information

Real Estate:

Lease

Other Information

Furniture / Fixtures value:
$2,000,000 (USD) - included in the asking price

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