Turnkey Dual-Concept Café and Bar in Prime Long Island City, NY
Financial Details
- Asking Price:
- $530,000
- Annual Revenue:
- $1,300,000
- Cash Flow / SDE:
- $1,300,000
- Profit Metric:
- Cash Flow (SDE)
- Valuation Multiple:
- 0.4x
- Location:
- Long Island City, NY, US
- Source:
- Date:
- November 07, 2025
Key Highlights
Description
An exceptional investment opportunity awaits in Long Island City, Queens, featuring a newly renovated, turnkey dual-concept café and bar. This innovative business captures both daytime specialty coffee/brunch traffic and evening craft cocktail bar revenue, maximizing location utilization. Financials are robust, showing $1.3 million in both Gross Revenue and Seller's Discretionary Earnings (SDE), indicating high profitability and strong management systems (absentee owner operation). The sale includes a highly valuable full liquor license, all FF&E, and inventory. Situated on a prime corner surrounded by new luxury residential developments, this business benefits from strong demographics and excellent subway accessibility, positioning it for continued success in one of NYC's most dynamic dining markets.
Industry Information
- Industry Description:
- This is a dual-concept restaurant/bar business operating as a specialty coffee café during the day and a craft cocktail bar in the evening, located in Long Island City, Queens.
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2023
- Employees:
- 9
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $12,000 USD
Assets & Inventory
- Includes FF&E:
- Yes
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Eric Lee
- Phone:
- 929-257-8377
Listing Details
- Listing ID:
- 304f0175-3b52-4fac-8458-769853f2138a
- Source Listing ID:
- 2437952
- Deal Status:
- For Sale
- Last Updated:
- November 07, 2025
- Currency:
- USD