Wine Bar & Tapas
www.GlobalBX.com
Listing ID:
700269704
Listing Title:
Wine Bar & Tapas
Quick Link:
http://www.globalbx.com/listing.asp?bId=269704
Industry:
Bars and Nightclubs
Industry Segment:
Other Bars and Nightclubs
Country:
United States
State / Province:
New York
Area
City:
Queens County
Asking Price Range:
< $250K
Gross Revenues:
$322,581
Cash Flow:
$70,743
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2010
Number of Employees:
1 - 3
Business Description:
Wine/Cheese and Tapas Bar located on the hottest strip in Queens. 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. If you are looking for a business that has a huge net than this is not for you, but 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!
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