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Asking Price$249,000
Revenue$332,400 EstablishedUndisclosed
Cash Flow$134,985 Employees2 full, 1 part
FF&E$300,000 FranchiseNo
Inventory$15,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Wine/Cheese and Tapas Bar located on the hottest strip in Queens. **MAJOR PRICE REDUCTION** SELLER IS WILLING TO TAKE LESS THAN 45% AS A DOWNPAYMENT! 2 floors (900 sq. ft. upstairs and 900 sq. ft. downstairs) with an unbelievable lease, 8 yrs. remaining @ $6,695/mth. (incl. taxes). Everything is in place and it is just waiting for a new owner to continue running the operation. Everything inside is custom made. After investing over $500k into this prime location the current owner is forced to sell due to personal reasons. In the past year the business grossed approx. $360,000.00 with a net cash flow of approx. $134, 985.00. ONLY OPEN 6 DAYS/WK. CLOSED ON MONDAY. If you are an experienced operator and know a good location and good lease than this is the one that will give you huge returns in a short period of time!!! Unbelievable foot traffic on a main strip with thousands of passing motorists each day. You can keep the current concept or bring in something new. The place has a 600 sq. ft. backyard and a 500 sq. ft. prep area that can be converted into a kitchen. It has indoor seating with a patio out back and a small wine cellar in the basement. The owner is very eager and is ready to entertain all offers!! You will not find a lease with low rent like this one anywhere on this strip! Please call 1-877-735-5224.
Training/Support:The seller will train the new owner.
Seller Financing:110,000.00 Down & $139K over 5 yrs. @ 6%.
Sale Reason:Personal Reasons.
Ad #89147
Seller Reference #28907
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Contact This Seller
Melvin L. Vaz
1-877-735-5224
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