Popular Wine Bar Restaurant in Queens for Sale

Queens County, NY

Popular Wine Bar Restaurant in Queens for Sale
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Asking Price: $150,000

Cash Flow: $228,000

Gross Revenue: $384,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,050 /Month

Established: N/A

Popular Wine Bar Restaurant in Queens for Sale

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Business Description

Beautiful wine bar in Astoria, Queens for sale. It's located in a busy neighborhood, close to schools and supermarkets. It serves healthy food for brunch, lunch and dinner, with large selections of exquisite wines imported from Italy, France and other European countries. The rent is only $2,050/month for a 500 sq. ft space plus a sidewalk seating area. 8.5 years lease left with 10 years option to renew. High profit margin, easy to run. Highly rated on Yelp and Google. Great opportunity to have a fast-growing business.

Detailed Information

Location:
Queens County, NY
Real Estate:
Leased
Building SF:
500
Lease Expiration:
N/A
Employees:
3
Competition:
Very limited competition nearby.
Growth & Expansion:
Sales are increasing every month. New owner can do more online orders and caterings to boost the sales. It also has the potential to become a franchise brand.
Support & Training:
2 weeks
Reason for Selling:
family
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Sherry Wang

Business Listed By:
Sherry Wang

Transworld Business Advisors of Flushing

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