Established Restaurant with Prime Location, NYC

Featured on BusinessForSale.com . 25 viewed

Asking Price

$400,000

FOR SALE - ACTIVE

Detailed Information

Location

Queens, New York, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This established restaurant in NYC is located in a prime area, boasting 100 seats and a well-equipped bar with 20 seats. It holds both a Full Liquor License and a 4am Liquor License, making it a desirable spot for diners and nightlife enthusiasts. With a monthly rent of under $7,000, the business is currently generating $1 million in annual revenue even with semi-absentee ownership. Entrepreneurs looking to enter the restaurant industry can explore this opportunity by considering a change in concept to further capitalize on the restaurant's potential. The property is fully built out, providing a turnkey option for interested buyers. To gather more details about this exciting venture, interested parties can inquire using the provided listing number 15255. This thriving restaurant presents a lucrative investment opportunity in one of the hottest areas of NYC. With its ample seating capacity, strong liquor licenses, and solid revenue stream, restaurateurs have the chance to take over a well-established business with room for growth and

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