Fantastic opportunity to own this gorgeous spot located just minutes away from the N/W train in the hot LIC. Numerous opportunities for growth: - breakfast, lunch - outdoor seating - happy hour - take advantage of full liquor license - rooftop seating - deliveries
Country: | USA |
State or Province: | NY |
City: | Long Island City |
Location Zip or Postal Code: | 11101 |
Service Type: | Sit-Down Table Service, Liquor Primary |
Title of Listing: | Charming, Unique, Neighborhood Gem |
Year Established: | 12 |
Number of Locations: | 1 |
Number of Seats: | Less than 50 |
Size: | 1000, Square Feet |
Patio: | No |
Number of Employees: | Less than 10 |
Hours of Operation: | Mon - Fri 4 PM - 2 AM Sat - Sun 11 AM - 2 AM |
Growth or Expansion Opportunities: | Huge Expansion Opportunities |
Reason for Selling: | Owner running several businesses |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Asking Price: | $199,000 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Value included in price?: | Yes |
Vendor Financing Available: | Yes |
Real Estate Owned or Leased: | Leased |
Lease Term Remaining: | 10 |
Total Monthly Rent: | $3,500 |
Financial Comments (include any Financing information that may be useful): | Owner financing available Motivated seller |