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#Business ID: 19708

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Landmark Queens Restaurant & Bar

Business Location: Queens, New York, United States

Asking Price: $ 900,000 Revenue: $ 2,400,000 Cash Flow: $ 365,000

Business Summary

If Location, Location, Location is everything then this Queens Bar-Restaurant has it ALL. They have an incredible, highly visible location in Queens and have been in business for almost 15 years. It has everything; a great location, fun atmosphere, a long history with an excellent following that is highly profitable. They consistently have sales close to $2.5 million every year. Their facility is able to accommodate seating for close to 200 people and have flexibility to have private parties from 50 to 100 guests. They have created a fun bar and restaurant atmosphere serving excellent food at reasonable prices. Approximately 50% of their revenue is derived from liquor sales. The place is beautiful and no expense is spared in maintaining the bar-restaurant. They have a long term lease with rent less than 7% of sales. Please refer to listing number 11455 when inquiring about this opportunity.

Contact Information:
Contact: Elaine Iucci, Buyer Coordinator
Phone: 516-626-2211
Email: [email protected]

Property Details

Property Type:

Lease

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