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Unique Concept Bar And Rest Business For Sale

Queens, New York
Asking Price:
$250,000 (USD)
Sales Revenue:
$1,490,519 (USD)
Cash Flow:
$300,000 (USD)

Unique Concept Bar and Rest. - Indoor and Outdoor. *PRICE REDUCED*. This business must be visited to be appreciated. It is located in a great N.E. Queens, NY neighborhood and offers 2,100 sq.ft. of space with 75 seats indoor and 95 seats outdoors, weather permitting. It is great for parties and large groups. In the past year the business grossed approx. $1,490,000.00 with a cash flow of approx. $300,000.00. There are 12 years remaining on the current lease at a rent of $4,774/mth. The business is fully staffed with 2 F/T and 20 P/T employees. They offer a full restaurant kitchen, bar, and state of the art POS system. We are seeking a serious and financially qualified buyer with at least $165K in liquid funds to cover the downpayment and 3 months of rent security. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Divesting.

Employees:
22

Other Information

Support & training:

The seller will train the new owner.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

150,000.00 Down & $100K over 3 yrs. @ 5%

Furniture / Fixtures value:
$20,000 (USD)
Inventory / Stock value:
$7,500 (USD)

Contact Information

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