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300k Cash Flow Bar & Grill Seller Financing For Sale

Queens County, New York, US
Asking Price:
$550,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,003,668
Cash Flow:
$377,000

Well-known / Profitable 30-year-old bar/restaurant in the heart of Queens! $300k plus in cash flow!

High Demand to reintroduce lunch and daytime service and expand the Dinner menu as it has a full kitchen. The seller is extremely motivated offering attractive seller financing for a well-qualified buyer with industry experience.

Exceptional opportunity to own and operate a thriving turnkey profitable 30-year-old bar/restaurant in the heart of Queens! Located on a bustling street with plenty of foot traffic, ensures a steady stream of customers from all over the 5 Boroughs & LI.

Big potential for a new owner to take advantage of the underutilized well-equipped kitchen to increase the food revenue. This area is a hub for food enthusiasts and nightlife and is one of the more attractive locations currently on the market. 1,700 sq foot space is a must-see to appreciate!

Property Information

Real Estate:

Lease

Premises Details:

1,700 sq foot refreshed establishment.

Business Operation

Expansion Potential:

Big potential for a new owner to take advantage of the underutilized well-equipped kitchen to increase the food revenue.

Competition / Market:

This area is a hub for food enthusiasts and nightlife and is one of the more attractive locations currently on the market.

Reasons for selling:

Owner will relocate.

Trading hours:

Tues-Sat 11am-4am; Sun-Mon 11am-2am

Employees:
2 FT/10 PT
Years established:
30

Other Information

Support & training:

Will train for 3 weeks @ $0 cost.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$450K down/$100K over 36 mos. @ 6%.

Furniture / Fixtures value:
$15,000 - included in the asking price
Inventory / Stock value:
$6,000 - included in the asking price