Business Summary

Asking Price: $85,000
Gross Income: $62,776
Cash Flow: N/A
EBITDA: N/A
FF&E: $107,000
Inventory: N/A
Real Estate: N/A
Established: N/A
Employees: N/A

Business Description
Key money opportunity to take over this intimate 1200 sf bar and tapas lounge located on a main road in an active shopping center with strong anchor tenants. Serving the best specialty drinks and tapas in the area. Favorable lease with option. Owner recently spent over $100,000 updating and renovating space. Bar has a kitchen that houses an ice maker, range and Sub Zero freezer. Seating capacity of 74 Tremendous opportunity for an experienced bar operator to expand this business within this bustling Flushing/Bayside community with the addition of advertising and better management. FF&E over 100,000.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: Located in popular shopping center with 1200 square feet! Favorable Lease Terms

Support & Training: 2-4 weeks

Reason for Selling: Other Interests

Property Details