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Business Sales & Acquisitions

Restaurant/Cafe

Price: $800,000

Location: Queens, New York

Industry: Food and Restaurants

Listing ID: 00186

Gorgeous restaurant a on busy street. All equipment updated recently, building owned by seller with very favorable terms. Restaurant seats 40 indoors with additional seating outside. All doors can be opened up in nicer weather to add to ambiance. Beautiful decor and modern furnishings. Beer and wine license only, new owner can acquire full liquor license by adding a door. Wonderful neighborhood with many loyal customers. They do deliveries and participate in social media and Groupon.

Listing Details

Gross Revenue: $1,250,000

Cash Flow: $300,000

FFE: $100,000

Inventory: $20,000

Reason For Sale:

Other business

Training & Support:

Will be provided as needed.

Operation

Year Established: 2009

Days & Hours of Operation: MON-FRI 8am -10pm SAT & SUN 8am -11pm

Non-Owner Payroll: $10,000

Employees: 5FT, 20PT

Location

Monthly Rent: $ 3,775

Square Footage: 1700