1(877) 735-5224
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Business for Sale

Unique Concept Bar and Rest. - *PRICE REDUCED*
Queens County, NY

Listing #30524

   
Financial Information (non-confidential)
Asking Price $250,000.00 Gross Revenues $1,490,519.00
Down Payment $150,000.00 Owner’s Cash Flow $300,000.00

Financing: $150,000.00 Down and $100K over 3 yrs. @ 5%

Reason for Selling:Divesting.

Unique concept bar and restaurant for sale- indoor and outdoor. *PRICE REDUCED* This business must be visited to be appreciated. It is located in a great Queens, NY neighborhood, and offers 2,100 sq. ft. of space, with 75 seats indoors and 95 seats outdoors. 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/month. The business is fully-staffed with 2 full-time and 20 part-time 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 three months of rent security. To learn more, please call Mel Vaz at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg
Melvin L. Vaz
Senior Business Broker
631-909-1095
melvaz@vestedbb.com
Servicing Area:
All of NY
All of NJ
All of CT
All of MA
Melvin L. Vaz

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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