Restaurant business for sale in North Flushing. Currently operated as a noodle-focused restaurant. Approximately 2,200 SF total, including approximately 1,100 SF on the ground floor with dining area, bar counter, kitchen, and restroom, plus approximately 1,100 SF of basement space used for storage, refrigeration/freezer equipment, and staff restroom. Functional layout suitable for continued restaurant operations.
Fully equipped commercial kitchen includes fryer, 10-burner stove, soup burners, commercial dishwasher, stainless steel prep tables, and commercial refrigeration/freezer equipment. Full liquor license included, permitting beer, wine, and spirits.
Existing lease has approximately 6 years remaining with one 5-year renewal option. Landlord has indicated willingness to discuss a new long-term lease with the buyer, approximately 10 years plus a 5-year option, subject to landlord approval.
Asking price: $215,000. Sale includes business and equipment only. Real estate not included. Financial information available to qualified buyers upon request. Showings by appointment only.
25-79 Francis Lewis Blvd., Flushing, NY, 11358
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB