Absentee-Operated Quick Service Burger Shop — $900K Sales • $160K Net - Business for Sale
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Absentee-Run Quick Service Burger Shop in Queens, NY
Ridgewood, NY, US
Added 2 months ago
Quick Service Burger Restaurant
Absentee / Semi-Absentee
This business is a 1,000 sq. ft. quick service burger restaurant located in Ridgewood, Queens, NY, operating under absentee ownership with a 20-year track record and a long-term lease in place.
Key Information
Asking
$535K
Revenue
$900K
Earnings
$159K
Multiple
3.4x
Key Highlights
- Quick service burger shop located in Ridgewood, NY
- Approximately $900,000 in annual gross sales (seller-reported)
- Annual net (absentee) income of $158,816
- Business operates in a 1,000 sq. ft. space with a full commercial kitchen, POS, and equipment included
- Approximately 13 years remaining on the lease
- Business is absentee-operated with trained staff and management in place
- Established brand with a loyal neighborhood customer base
Contact Info
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