Popular Bar/Hookah Lounge Net $500,000

Queens, NY

Seller Financing Available

listing image
Asking Price:$599,999
Gross Revenue:$1,600,000
Cash Flow:$500,000
Rent:$4,400/Month
BUSINESS DESCRIPTION

HS Listing ID-61822

2023 gross revenue of approximately $1.6 million with a net income of $500,000.

Very popular bar/hookah lounge in Queens.

Modern & updated turn key operation ready for the next owner.

Seats approximately 65.

Full menu of hookah, drinks, and finger food.

Full liquor license.

Large basement for storage.

Established for 9 years.

Low rent of $4400 including taxes.

SELLER FINANCE AVAILALBE!

Don’t miss this unique and very profitable opportunity!

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION


DETAILED INFORMATION
Location
Queens, NY
Inventory
Not Included in asking price
Real Estate
Leased
Support & Training
Yes.
Reason for Selling
Other business interests.
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Christian
Zarama
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Christian Zarama