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AAA Queens Location- Beautifully Multi-Level Built Bar/Restaurant
Listing Number: 13417

Location: Queens, NY
Asking: $249,000
Gross: $520,000
Cash Flow: $0

Summary Description:

  This is a rare opportunity to acquire a great bar with a nice build-out in one of the best Queens neighborhoods. While the location is mostly bar (2 bars & 2 liquor licenses), the kitchen was built to be able to accommodate a greater food menu and has 3 levels. This location is a true gem and really has no identity as a concept because 3 partners got together to build this and have no back-round food experience at all. There is also tremendous growth and upside potential with additional promotion, events, tastings and corporate activity. With its great concept, beautiful build out with a back yard. Low rent and long-term lease. This Bar represents a tremendous value compared to building it yourself. TURN THIS INTO ANY CONCEPT-- IT IS IN A TRIPLE AAA LOCATION. This is being sold for the value of the build out—lease—rent—location. There are several eateries in within a stone throw away that do upwards of $100,000 weekly. The Sellers spent tons of money to build out and are asking only $249,000, their loss could be your gain. Please refer to listing number 13417 when inquiring about this opportunity.

Contact Information:

Contact: Elaine Iucci, Buyer Coordinator
Phone: 516-626-2211
Email: buyerdept@kensingtoncompany.com


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The Kensington Company. - 185 Roslyn Road, Roslyn Heights, NY 11577

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