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Business for Sale Summary

Five Star Restaurant in Queens County - 32127

Business Type: restaurant/ cafes/ diners
Five Star Restaurant in Queens County
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Financial Information (non-confidential)

General Information
Asking Price $1,300,000 Down Payment $975,000
Gross Revenues $2,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $400,000 Number of FT Employees Register Free to View

Financing

$975,000 Down and Balance at 6% for 60 months

Business Description

This is truly a five star restaurant. It is located in a great area of Queens, NY. Restaurant is 7200 sq feet with at 7200 sq ft basement. Owner has been in this restaurant since 1988. This restaurant must be seen, everything is state of the art. Restaurant has three bars, TVs, special lighting, that you can adjust to different colors and soft mood lighting. This seller is retiring - he owns the building and offers a new buyer a great lease. To discuss the financials of this business, please call Joe DeGaetano at 631-336-6177 or 877-735-5224. Big Money Maker- Seller requires proof of funds

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.