Award-Winning Coastal Queens Restaurant & Bar - Business for Sale
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Seaside Restaurant and Bar in Queens County, NY
NY, US
Added 1 month ago
Upscale Coastal Restaurant & Bar
13 years in business
Absentee / Semi-AbsenteeRetiring Owner
This business is an established upscale seaside restaurant and bar with a full kitchen and bar, located in Queens County, New York, operating for 13 years with absentee ownership and a loyal year-round clientele.
Key Information
Asking
$1.2M
Revenue
$2.6M
Earnings
$450K
Multiple
2.7x
Key Highlights
- Business established for 13 years
- Approximately 2,200 square feet with seating for 74 guests
- Fully equipped commercial kitchen with a 22-foot hood and an 18-foot hood
- Long-term lease with approximately 12 years remaining plus one additional five-year option
- Absentee-owned and fully staffed with an experienced management team and CIA-trained chef willing to remain
Contact Info
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