Remarks

Amazing opportunity to purchase a restaurant business on Parsons Blvd. Please note the property is not for sale, just the business. All info deemed accurate, not guaranteed. Buyer to re-verify. 5 year lease in place expiring in 2029 with monthly rent of $3,750. rent increased 3% yearly. Lease can be cancelled with 6 mos notice but the 3 mos deposit wont be returned. Total utility and insurance bill about $1,100 monthly (insurance, electric, water, gas). Fully equipped kitchen and walk in refrigerator, customer seating area, and basement storage space all included. The restaurant grosses about $23,000 in monthly sales so projected $276,000 yearly.

Details

MLS#: 3587076
Price: $55,000

Style: Retail

County: Queens
Lot Size: 20.17x101.67