Listing ID: 61822

Business Overview

2023 gross revenue of approximately $1.6 million with a net income of $500,000.

Very popular bar/hookah lounge in Queens.

Modern & updated turn key operation ready for the next owner.

Seats approximately 65.

Full menu of hookah, drinks, and finger food.

Full liquor license.

Large basement for storage.

Established for 9 years.

Low rent of $4400 including taxes.

SELLER FINANCE AVAILALBE!

Don’t miss this unique and very profitable opportunity!

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $599,999
  • Cash Flow: $500,000
  • Gross Revenue: $1,600,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Cooperating Broker of Record

Jason Green

SFR Realty, LLC

New York - 10301222535