Price DRop Chicken / Wings / Burgers & More | 2 Store Deal - Queens |

Queens, NY (Queens County)

Seller Financing Available
Price DRop Chicken / Wings / Burgers & More | 2 Store Deal - Queens |
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Asking Price: $699,000

Cash Flow: $307,840

Gross Revenue: $2,340,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $12,900 /Month

Established: N/A

Price DRop Chicken / Wings / Burgers & More | 2 Store Deal - Queens |

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Business Description

What an opportunity for a partnership or a Family who is looking to take over these 2 unbelievable locations. These locations are in 2 of the hottest parts of Queens. Both areas are very well groomed and still growing. Seller is moving out of the state and is forced to sell. One location has been there for 10yrs and is averaging $30k a week and the other location which the seller invested $250k in a build out 8 months ago and is already averaging $15k a week. Current owner bounces back and forth from the locations making sure they are being operated well. He does the ordering for both locations. He does not get involved with the cooking and cleaning. With a hands on operator you can relieve some payroll and increase sales Drastically. 5 yrs on one lease with NP for an extension with a qualified buyer and 13yrs on the other lease. Low rent for these locations. All sales are verifiable through P.O.S. All equipment pd for & very well maintained. Hrs of operation are 11am to 11pm Mon-Sun. These 2 Hot locations will not last. Please have proof of funds ready.

Detailed Information

Location:
Queens, NY
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
10/10/2024
Financing:
150000
Support & Training:
Seller willing to train new owner
Reason for Selling:
Moving out of the state
Business Website:
http://www.eastcoaststores.com
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(from currently available funds)
 
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Henry Galasso

Business Listed By:
Henry Galasso

East Coast Stores LLC, NYC

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