Turn Key Bar/restaurant with great revenues

Queens, NY (Queens County)

Turn Key Bar/restaurant with great revenues

Asking Price:$800,000

Cash Flow:$400,000

Gross Revenue:$2,000,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2011

Turn Key Bar/restaurant with great revenues

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Business Description

Incredible opportunity for someone to walk in and start making profits from day 1. Business is doing $40,000 a week in sales with over $400,000 in cash flow.Beautiful build out with 48 beer taps. Large bar with many flat screen TV's.
Large kitchen fully vented.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Facilities:
Turn key renovated Restaurant/Bar 2600 s/f ground 2600 s/f basement Key Money $,800,000 $11,000 rent per month 10 yrs term Fully vented and equipped kitchen Full liquor 2am weekends 12-1 on week days Seating for outside is 30 Occupancy inside is 124 48 beer taps
Support & Training:
Yes owner will help to make this as smooth a transition as possible
Reason for Selling:
lost his partner and does not want to do it alone anymore

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Steve McNoble

Business Listed By:
Steve McNoble

Cohen Smith Chang Realty

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