Queens Night Club / Bar / Restaurant / Hookah Lounge | Seller Finance

Maspeth, NY (Queens County)

Seller Financing Available
Queens Night Club / Bar / Restaurant / Hookah Lounge | Seller Finance
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Asking Price: $299,000

Cash Flow: $200,740

Gross Revenue: $580,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,450 /Month

Established: N/A

Queens Night Club / Bar / Restaurant / Hookah Lounge | Seller Finance

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Business Description

What an opportunity to own your own Night Club / Restaurant & More. Established 14 years this location throws off a high net with more room for growth. Current owner who runs this operation about 5 hrs a day is ready to move on. Inside seating and an outdoor patio with such a beautiful atmosphere to sit and eat or stand and meet. Must see the outdoor area that everyone is talking about.Currently operating Mon - Fri 4pm to 1am , Sat & Sun 5pm to 4am serving dinner , drinks , live entertainment & more. These numbers do not reflect the new Lunch and Brunch hours that the owner just recently added. Other areas that will increase sales that the current owner does not take advantage of is Catering , deliveries , & Advertising. The split is 60% Alcohol 40% food. Full basement with kitchen , Prep area & Storage. At this asking price and this net , this will not last long especially with today's Hot Market and the Nice weather coming quickly.

Detailed Information

Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
2/8/2024
Financing:
100000
Support & Training:
Seller willing to train new owner
Reason for Selling:
other business interests
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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