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Listing Number: 3832

Buy a Restaurant/Cafes Business in Queens County, New York

Business: Buy a Restaurant/Cafes Business
County, State: Queens County, New York
Business Type: Bar/Tavern/Night Clubs, Restaurant/Cafes, Retail

Summary Description

This operation is a major opportunity for the right owner to become a major player in the Lounge/Bar/Catering business. Located in a very trendy area in Queens, this nightlife venue has not one, not two but three different ways to develop income streams, each way feeding off the other. This venue is multi-level (3 floors). The lower level consists of a large room with a stage,dance floor and catering facility. This is the perfect setup to handle special events from fashion shows and entertainment acts to catered events and banquets. The second floor is a sheik lounge with couches tables DJ quarters and one of the most elegant and exotic bars in all of New York. The roof is being developed as a tiki bar with rock gardens and exotic plants that will enhance the mood for a night of intamacy with a date or special person. As a total package there is no operation quite like this one and for a finale, the buyer gets an unbeleivable 18 year lease on a thoroughfare which has thousands of pedestrians and patrons looking for the right nightlife destination. This is a must see !

About the Sale

Asking price:$1,200,000 (USD)

Financing:$700,000 down and 500,000.00 @ 7% over 60 months

Total Revenues:$0 (USD)

Cash Flow:$0 (USD)

Reason Selling:Partners Disagree

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.