Astoria Broadway Venue | 2 Bars, Multi-Room & Rare Lease to 2040
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An opportunity to acquire an operating bar, restaurant, and lounge on Broadway in Astoria, Queens. The sale includes all built-out facilities, dual liquor licenses, operational assets, and a long-term lease in place through 2040.
The business operates across two main floors plus a basement, generating $1.8M in gross sales with established weekly traffic and event programming
The business operates across two main floors plus a basement, generating $1.8M in gross sales with established weekly traffic and event programming
About the Business
- Years in Operation
- 6
- Employees
- 18 (7 Full-time, 10 Part-time, 1 Contractor)
- Facilities & Assets
- Space & Layout (3,500 SF + Basement):
1st Floor (2,250 SF): Main bar, 2 guest rooms, full commercial kitchen, 4 restrooms.
2nd Floor (1,250 SF): 2nd bar, lounge space, 2 restrooms, dual egress. Perfect for private events.
Basement: Storage, walk-in coolers, draft lines.
Key Equipment & Assets:
Bar: Dual bar setups, 2 Bunn Ultra Max frozen drink machines, nitro draft system, dedicated espresso martini machine. (Leased dishwashers).
A/V: Multi-room sound/video system, 18 TVs, 1 LED wall screen, 2 commercial projectors. - Market Outlook / Competition
- Trending up
- Opportunities for Growth
- Opportunity to possibly buy the property. First rider refusal
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,500
- Rent
- $17,842 per month
About the Sale
- Seller Motivation
- No longer want to do bars
- Transition Support
- 30 days
Listing Info
- ID
- 2543763
- Listing Views
Listing ID: 2543763 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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