Forest Hills Restaurant and Bar – Rent Only $3,650

$169,000

Revenue: $650,000
Cash Flow: $80,000
Property AvailableProperty Available
Price ReducePrice Reduction
Financing AvailableFinancing Available
Property IncludedProperty Included

Don’t miss this opportunity to own and operate this warm and inviting restaurant/bar.  For way less than what it would cost to build, you can acquire this established, restaurant in one of Queen’s best, affluent communities with below market rent. They have a very favorable lease with reasonable escalations and the rent is only $3,650 per month which is unheard of in Forest Hills.

This place is a “go to” neighborhood eatery with an incredible social atmosphere, excellent Yelp reviews, is loved in the community, has plenty of repeat, loyal clients, with delicious food and drinks. There is plenty of upside growth potential as the current owner is not a food service operator which is why is its priced to sell!

This state of the art restaurant has a beautiful built-out with plenty of seating, bar, and prep & storage areas. It would cost over $500,000 to build a restaurant of this kind today in locations that are not nearly as desirable. This turn-key opportunity is priced to sell quickly at only $169,000.

Please refer to listing number 13529 when inquiring about this opportunity.

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