Listing ID: 70154

Business Overview

Established lounge located in a busy Astoria neighborhood. The owner has operated the business for approximately three years and is now offering it for sale.

Assets Included
• Approximately $75,000 in equipment and build-out included in the sale

Lease
• Rent: Approximately $5,000 per month
• Lease Term Remaining: Approximately 3 years
• Landlord is open to extending the lease for a new buyer

Financials
• Financials currently pending from the owner

Additional Notes
Turnkey lounge opportunity in a high-traffic Astoria location with significant existing build-out value. Ideal for an operator looking to enter the nightlife or hospitality space without starting from scratch.

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: $175,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • 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.