Established Latin Restaurant for Sale in Corona, Queens

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Financial Details

Asking Price:
$275,000
Annual Revenue:
$440,000
Cash Flow / SDE:
$150,000
Valuation Multiple:
1.8x
Location:
Queens, NY, US
Sources:
Date:
July 12, 2025

Key Highlights

- Established Latin restaurant in Corona, Queens, with a fully equipped kitchen.
- Prime location on Junction Boulevard with high foot traffic and a secure, affordable lease.
- Turnkey opportunity with growth potential through expanded services and owner-operator model.

Description

Established Latin restaurant in Corona, Queens, offering a turnkey opportunity for immediate operation. The restaurant features a fully equipped kitchen, upgraded facilities, and a prime location on Junction Boulevard. The business benefits from a secure lease with affordable rent, high foot traffic, and a vibrant Latin community. Growth opportunities include obtaining a beer and wine license, expanding delivery services, and transitioning to an owner-operator model.

Industry Information

Industry Description:
Restaurants and Food
Classification:
Restaurants & Food

Listing Details

Listing ID:
211e2827-1378-41c6-89ff-c76140165dbf
Deal Status:
For Sale
Date Posted:
July 12, 2025
Last Updated:
July 12, 2025
Currency:
USD

Features & Tags

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