Steaks & Seafood Diner / Restaurant | Queens | Est 15 yrs | $1.5m Gross | Owner Retiring
New york (Queens)

Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Property Information

Listing Number:
11438
Business Type:
Established Businesses
Business Category:
Restaurant/ Cafes
State:
New york
County:
Queens

Other Information

Financial Information

Asking Price:
$390,000
Gross Income:
$1,560,000
Cash Flow:
$159,356
Seller Financing:
$100,000  

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Business Description

Steakhouse , Seafood & so much more. Well established restaurant located on the corner of a very busy intersection and neighborhood. Current owner is ready to retire and enjoy his earnings. Fully trained staff in place. Current owner overseas operation and does all ordering & Hiring. This is a great opportunity for a first time buyer or an experienced operator. Seats 60-70 people. Full liquor license. All equipment well maintained. Seller is very motivated and will finance with the right offer. All numbers verifiable. With a net of $160k you will make your investment back quickly. You can also increase sales by adding online ordering , Building up deliveries , catering and social media. 

 

If you are interested in listing your business with East Coast Stores, obtaining a free valuation OR if you would like to earn a referral fee and know someone who would like to sell, contact us at Listings@eastcoaststores.com. We accept quality listings!

Listing Number : 11438

Business Listed By

Joseph Mesi

Email this List   631-236-8598
Email this List   631-271-1731 EXT 7
Email this List   joseph@eastcoaststores.com
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