SUCCESSFUL BUSINESS FOR SALE! – $425,000
NET monthly income $15,000
45% cap rate!!!
OPPORTUNITY of a lifetime! The owner has successful medical business and has no time to manage the restaurant/lounge business.
The place is open only 3 days a week and makes average of $30,000 per month (gross), or about $15,000 NET. If you manage it right way there is an opportunity to double the NET income.
gross income: $30,000 / month
Rent: $8,400 /month
food: 1,500 /month
liqueurs: 2,000 /month
staff: 2,000 /month
utilities: $1,000 /month
All appliances are like new, kitchen and bathrooms are in perfect condition.
Located in the heart of Astoria. Center of the most famously known nightlife area of Queens – Steinway street between 28th avenue and 30th avenue.