Landmark Queens Steakhouse For Sale!

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Asking Price:
$330,000

Gross Revenue:
$1,664,000
Cash Flow:
$266,224
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
not included in asking price

FF&E:
$225,000
included in asking price

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Business Description

We are representing a very high profile Queens steakhouse in an absolutely booming neighborhood.
This is the answer to an experienced restaurant owner's prayers.
Seats 70 with an additional 40 seats available during the warm weather months.
Owner would like to retire but his energy keeps moving the restaurant forward.
Can easily be converted to other food formats.

About the Business

Location:
Queens County, New York
Year Established:
2004
Number of Employees:
25
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
 Not Disclosed
Lease Expiration:
4/1/2023
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About the Sale

Reason For Selling:
retirement
Training/Support:
yes
Seller Financing:
70% down 30% seller financed

Listing Info

ID:
1569243
Ad Detail Views:
11

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Business Listed by

Darlene Ragone

Moxie Brokerage Group, Inc.

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