Trendy and Cool Restaurant For Sale in the Heart of Astoria

Queens, NY
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Asking Price:$249,000
Inventory:$50,000
FF&E:$300,000
Gross Revenue:$850,000
Rent:$8,500/Month
Established Year:2021
BUSINESS DESCRIPTION

Trendy and cool restaurant for sale in a prime Astoria/ Broadway location, two blocks from the N/W subway train. The restaurant has a full liquor license, can sit up to 100 people and grosses about $800k per year. Not to mention has 7.5 years left on their lease at $8,500 per month. The restaurant has 1500 sq/ft and a 1500 sq/ft basement. Lots of potential for growth and can fit any concept. The neighborhood is booming and the restaurant and bar are in great shape.


DETAILED INFORMATION
Location
Queens, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
01/04/2031
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fairly new restaurant with new equipment and lots of potential.
Support & Training
We can train and help the new owners navigate for the first 3 months etc.
Reason for Selling
Owners are looking to move out of NYC
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Elvis Tominovic
Elvis Tominovic