Renowned 5-Star Restaurant, Queens NY

Featured on BusinessForSale.com . 8 viewed

Asking Price

$1,300,000

FOR SALE - ACTIVE

Detailed Information

Location

Queens County, New York, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This upscale restaurant in Queens, NY is a top-rated dining destination, boasting a prime location and luxurious amenities. The restaurant spans 7200 sq ft, including an equally spacious basement, offering a modern and state-of-the-art dining experience. With three bars, TVs, and customizable lighting, the ambiance is perfect for any occasion. The owner, who has run the restaurant since 1988, is now looking to retire and is offering a favorable lease to a new buyer. This renowned restaurant is a high-revenue business opportunity, making it a lucrative investment for potential buyers. The owner, who also owns the building, requires proof of funds from interested parties. The restaurant's reputation for excellence and its well-established presence in the community make it an attractive option for entrepreneurs looking to enter the hospitality industry. With strong cash flow and a solid foundation, this restaurant presents a rare chance to step into a successful business with room for growth and innovation. In summary, this five-star restaurant in Queens, NY is

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