Chicken / Wings / Burgers & More | 2 Store Deal | $2.5M Gross Sales | Great Queens Locations | Seller Moving |
New york (Queens)

Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Property Information

Listing Number:
11666
Business Type:
Established Businesses
Business Category:
Restaurant/ Cafes
State:
New york
County:
Queens

Other Information

Financial Information

Asking Price:
$735,000
Gross Income:
$2,340,000
Cash Flow:
$307,840
Seller Financing:
$150,000  

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Business Description

What an opportunity for a partnership or a Family who is looking to take over these 2 unbelievable locations. These locations are in 2 of the hottest parts of Queens. Both areas are very well groomed and still growing. Seller is moving out of the state and is forced to sell. One location has been there for 10yrs and is averaging $30k a week and the other location which the seller invested $250k in a build out 8 months ago and is already averaging $15k a week. Current owner bounces back and forth from the locations making sure they are being operated well. He does the ordering for both locations. He does not get involved with the cooking and cleaning. With a hands on operator you can relieve some payroll and increase sales Drastically. 5 yrs on one lease with NP for an extension with a qualified buyer and 13yrs on the other lease. Low rent for these locations. All sales are verifiable through P.O.S. All equipment pd for & very well maintained. Hrs of operation are 11am to 11pm Mon-Sun. These 2 Hot locations will not last. Please have proof of funds ready.

If you are interested in listing your business with East Coast Stores, obtaining a free valuation OR if you would like to earn a referral fee and know someone who would like to sell, contact us at Listings@eastcoaststores.com. We accept quality listings!

Listing Number : 11666

Business Listed By

Joseph Mesi

Email this List   631-236-8598
Email this List   631-271-1731 EXT 7
Email this List   joseph@eastcoaststores.com
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