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
Quality Verified This listing meets our quality criteria and standards. Verified