Motivated seller offers a well-established Japanese izakaya in the heart of Forest Hills, Queens. This turnkey operation features a loyal customer base, full liquor license, and consistent sales history. The business occupies a prime street-level location with high visibility and includes substantial leasehold improvements. Current owner is actively involved and committed to a smooth transition. Long-term lease in place with favorable terms through 2032. All utilities and operating expenses are current and fully documented. Ideal opportunity for an experienced operator or investor seeking a proven hospitality concept in a desirable residential and commercial corridor. Financials available to qualified buyers with signed confidentiality agreement.
107-09 70th rd Forest Hills, Forest Hills, NY, 11375
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The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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