Listed by Telemundo Realty
$185,000
9109 31st Avenue
Details
APN 01389-0030
Property Type Business for Sale, Retail
Sub Type Business Only, Bar
NOI $100,000
Year Built 1927
Acreage 0.046
Business for Sale
Marketing description
Turnkey opportunity to purchase a well-established, income-producing Ecuadorian restaurant located in the heart of East Elmhurst. Situated on a busy block surrounded by residential housing, this restaurant offers strong local foot traffic and a loyal customer base.
The sale includes a fully equipped kitchen, Full basement with steps to street, dining area, and a full liquor license, as well as beer and wine licenses. The space is in excellent condition and ready for continued operation. This is an ideal investment for an experienced operator or first-time business owner looking to enter the food and beverage industry in Queens.
Do not miss the chance to own a profitable restaurant in a vibrant and growing neighborhood. Confidentiality agreement required for financials and further details.
Listing Contacts
Listed by Telemundo Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$100,000.00
$8,333.33/mo
Valuation Metrics
0
DSCR
54.05%
Cap Rate
54.05%
ROI
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