Urban American Restaurant/Bar For Sale in Astoria, NY
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Financial Details
- Asking Price:
- $699,000
- Annual Revenue:
- $1,400,000
- Cash Flow / SDE:
- $100,000
- Profit Metric:
- SDE
- Valuation Multiple:
- 7.0x
- Location:
- Astoria, NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Turnkey operation with modern kitchen and full liquor license.
Prime Astoria location on a busy street with seating for 80 inside and 30 outside.
Owner financing available with 50% down, and franchise potential.
Description
This is a turnkey, modern American/Italian fusion restaurant and bar located on a prime, busy street in Astoria, NY. The business seats approximately 110 guests (80 inside, 30 outside) and features a modernized kitchen and a full liquor license. It has established a unique niche and clientele, making it highly marketable with franchise potential. The sale includes all FF&E, inventory, and intellectual property. The owner is selling due to multiple business ventures and a partner's relocation. Owner financing is available with 50% down. The lease has 7 years remaining, with an option for 5 more, at a monthly rent of $7,500.
Industry Information
- Industry Description:
- American/Italian Fusion Restaurant and Bar
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2016
- Employees:
- 50
- Reason for Selling:
- Too many business projects; Partner moved out of state
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $7,500 USD
- Lease Expiration:
- 2032
Assets & Inventory
- Includes FF&E:
- Yes
- Includes Inventory:
- Yes
Listing Details
- Listing ID:
- fae5a955-0c3e-4929-995c-0f18c5880a94
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- USD
Features & Tags
Franchise Opportunity
This listing is explicitly mentioned as a franchise opportunity.
Franchise
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