Fully Equipped Astoria Restaurant & Bar – $4,500 Rent, 4 AM Liquor
Business Description
Excellent opportunity to acquire a fully equipped restaurant and bar in Astoria, Queens. Offered at $165,000, this location provides the essential infrastructure and favorable lease terms an experienced operator needs to launch or expand a restaurant, bar, or lounge concept.
The premises feature a full commercial gas kitchen, a full basement offering valuable additional space for storage and operations, and a rear yard that provides further flexibility for the business. Any proposed customer seating, entertainment, or other commercial use of the yard would be subject to the applicable permits and approvals.
The location currently benefits from liquor-license privileges allowing service until 4:00 a.m., subject to all applicable transfer, application, and regulatory approvals.
Monthly rent is only $4,500, with approximately nine years remaining on the lease, providing a new operator with valuable long-term occupancy and predictable rental terms.
The existing layout and equipment offer flexibility for a variety of food, beverage, nightlife, or hospitality concepts. This is an attractive opportunity for an experienced operator seeking a ready-to-use restaurant and bar location in the Astoria market.
Additional information is available to serious and financially qualified buyers. Proof of funds may be requested before scheduling a private showing. Please do not approach the employees or ownership directly. All inquiries and showings must be coordinated by appointment.
The premises feature a full commercial gas kitchen, a full basement offering valuable additional space for storage and operations, and a rear yard that provides further flexibility for the business. Any proposed customer seating, entertainment, or other commercial use of the yard would be subject to the applicable permits and approvals.
The location currently benefits from liquor-license privileges allowing service until 4:00 a.m., subject to all applicable transfer, application, and regulatory approvals.
Monthly rent is only $4,500, with approximately nine years remaining on the lease, providing a new operator with valuable long-term occupancy and predictable rental terms.
The existing layout and equipment offer flexibility for a variety of food, beverage, nightlife, or hospitality concepts. This is an attractive opportunity for an experienced operator seeking a ready-to-use restaurant and bar location in the Astoria market.
Additional information is available to serious and financially qualified buyers. Proof of funds may be requested before scheduling a private showing. Please do not approach the employees or ownership directly. All inquiries and showings must be coordinated by appointment.
About the Business
- Facilities & Assets
- The premises are fully equipped for restaurant and bar operations and feature a commercial gas kitchen, an established bar setup, a full basement with additional storage and operational space, and a rear yard that provides further flexibility for the business.
The sale includes the furniture, fixtures, and equipment currently used in the operation, subject to a final equipment list provided by the seller. Any remaining food, beverage, and operating inventory may be included or adjusted based on the inventory available at closing.
The location benefits from monthly rent of only $4,500 and approximately nine years remaining on the lease. The premises currently operate with liquor-license privileges until 4:00 a.m., subject to all applicable transfer, application, and regulatory approvals. Any proposed customer seating, entertainment, or other commercial use of the rear yard is subject to the required permits and approvals. - Market Outlook / Competition
- Astoria is one of Queens’ most active dining and nightlife markets, attracting a diverse mix of local residents and visitors seeking restaurant, bar, lounge, and entertainment concepts. The neighborhood supports strong demand for both food service and late-night hospitality businesses.
Although the area is competitive, this location offers several meaningful advantages, including monthly rent of only $4,500, approximately nine years remaining on the lease, a full commercial gas kitchen, a basement, a rear yard, and existing liquor-license privileges until 4:00 a.m., subject to the applicable regulatory approvals.
These features provide an experienced operator with a strong operational foundation and the flexibility to introduce a distinctive concept that can compete effectively in the Astoria market. - Opportunities for Growth
- A new owner has multiple opportunities to grow the business by introducing a strong restaurant, bar, lounge, or nightlife concept tailored to the Astoria market. The existing commercial gas kitchen, established bar infrastructure, late-night liquor privileges, basement, and rear yard provide flexibility for both food and beverage operations.
Potential growth strategies include developing a consistent calendar of themed nights and private events, expanding catering and delivery services, strengthening social media marketing, implementing direct online ordering, and creating loyalty programs and targeted promotions.
Subject to the required permits and approvals, the rear yard may provide additional opportunities for outdoor service or special events. The 4:00 a.m. liquor privileges may also allow an experienced operator to develop a stronger late-night business, subject to all applicable licensing requirements and regulations.
About the Sale
- Seller Motivation
- The owner is selling to pursue other business opportunities.
- Transition Support
- Reasonable transition support and training may be available to help the new owner become familiar with the premises, equipment, vendor relationships, and day-to-day operating procedures. The specific scope, duration, and terms of any training or transition assistance will be negotiated directly with the seller before closing.
Listing Info
- ID
- 2554266
- Listing Views
- 8
Listing ID: 2554266 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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