Neighborhood Gem! Cool Restaurant Bar For Sale
Neighborhood Gem! Cool Restaurant Bar For Sale
This well established restaurant-bar is the neighborhood gem. Features huge bar, artsy furnishings and gorgeous decor. Has full liquor license; 10 beer lines. No competition in the area; One block to the subway Corner location This spot can make money just as a bar: - introduce happy hour - open outdoor seating and rooftop seating Immense restaurant expansion too: - open for breakfast and lunch - introduce deliveries!
Location
Country: | USA |
State or Province: | NY |
City: | Long Island City |
Location Zip or Postal Code: | 11101 |
Listing Information
Service Type: | Sit-Down Table Service |
Title of Listing: | Neighborhood Gem! Cool Restaurant Bar For Sale |
Year Established: | 2007 |
Number of Locations: | 1 |
Number of Seats: | Less than 50 |
Size: | 1000, Square Feet |
Patio: | No |
Number of Employees: | Less than 10 |
Hours of Operation: | Monday - Friday 4 PM - 2 AM Saturday and Sunday 11 AM - 2 AM |
Growth or Expansion Opportunities: | Opportunity to open for breakfast and lunch, introduce happy hour, outdoor seating, rooftop seating and deliveries! |
Reason for Selling: | Too many business projects |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Financial Details
Asking Price: | $199,000 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Value included in price?: | Yes |
Vendor Financing Available: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Leased |
Total Monthly Rent: | $3,800 |
Financial Comments (include any Financing information that may be useful): | Owner financing with 100 K down |
Contact Listing Owner
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