High traffic Restaurant in Ridgewood in great condition

Ridgewood, NY (Queens County)

Seller Financing Available
High traffic Restaurant in Ridgewood in great condition

Asking Price:$125,000

Cash Flow:N/A

Gross Revenue:$710,000




Rate/Sq. Ft.:$41.25


High traffic Restaurant in Ridgewood in great condition

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Business Description

Although this restaurant has a stable customer flow, it has not been profitable in the two years that it has been open due to high food & labor costs. New Management could make adjustments accordingly and bring it to profitability. Owner would like to maintain low profile and not alert employees.

Detailed Information

Included in asking price
Real Estate:
Building Sq. Ft.:
Lease Expiration:
Fully stocked restaurant with Beer & Wine license, 6 burner stovetop, oven, smoker, Fridge Freezer, and more
Growth & Expansion:
traffic is stable but basic food & labor costs are high. Reduction in these areas will bring better profitability.
Support & Training:
1 month
Reason for Selling:
Owner operating multiple businesses, wants to reduce workload

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Demetrios Galifianakis

Business Listed By:
Demetrios Galifianakis

Politan Real Estate

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