Prime Astoria Corner Restaurant | $55K+/Week Potential | 17-Year Lease
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Prime corner hospitality opportunity in Astoria. Turnkey cafe/bar/restaurant operating as "Tru Astoria" at 35-19 Ditmars Blvd. Approx. 4,000 SF total—about 2,000 SF ground floor plus 2,000 SF basement utilized for back-of-house—with strong street presence and excellent visibility. Seating for 87 indoors and ~70 outdoors. Long-term lease with approximately 17 years remaining provides rare stability for a buyer seeking to build long-term value. Fully built-out space with established operations and infrastructure in place. Current hours have been limited (generally 5 PM–12 AM), with weekly gross sales in the ~$30K–$35K range. With expanded hours and full utilization of the prime corner location, the business is projected to support at least ~$55K in weekly gross sales. Owner is selling to focus on other ventures aligned with core competencies. Ideal for an experienced operator or concept looking to capitalize on a high-traffic Ditmars Blvd corridor location with significant upside.
About the Business
- Years in Operation
- 13
- Employees
- 9 (4 Full-time, 5 Part-time)
- Facilities & Assets
- All inventory and FF&E included, as seen.
- Website
- https://truastoria.com/
- Market Outlook / Competition
- Proven Astoria Hospitality Corridor
Located on busy Ditmars Blvd in Astoria, a corridor where well-operated bars and restaurants regularly generate $50K–$70K+ in weekly sales depending on concept and operating hours. - Opportunities for Growth
- Significant Revenue Growth Potential
Current weekly sales average approximately $30K–$35K, primarily driven by limited operating hours (generally 5 PM – midnight). Expanding to full lunch, brunch, and late-night operations could materially increase revenue.
Immediate Revenue Expansion Opportunities:
-Brunch and daytime café service
-Expanded late-night hours
-Private events / parties
-Catering and delivery platforms
-Optimized beverage program
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,000
- Rent
- $15,100.00 per month
About the Sale
- Seller Motivation
- Owner wants to focus on his other businesses.
- Transition Support
- Current owner can support as needed.
Listing Info
- ID
- 2477506
- Listing Views
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Listing ID: 2477506 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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