Flushing NY Established Diner Business For Sale

Queens County, NY
Asking Price: On Request
Business For Sale Details
Listed on Jun 12, 2023

Location: Directly across the street from Flushing Hospital on the SW corner of 45th Ave and Parsons Blvd. Directly in front of Bus stop. Neighboring businesses - Dunkin Donuts, Carvel, Papa Johns Pizza, food establishments, neighborhood retail businesses, etc.

Property type – Corner 2 story brick building
Space Use – Sunrise Diner servicing the Flushing community for over 35 years
Space Available – Ground floor; basement.
Approx Total Gross floor area – Approx 900 sq ft (20 x 45) ground floor + full larger basement
Store Front Security Gate
Seating capacity 62 with room for expansion
Key Money – Asking $100K

Rental Terms:
Base monthly gross rent – $4500
RE Tax – 2/3 (approx $11K for base year 2023). Existing RE Tax is approx $16.5K
Security Deposit – 3 months
Lease Term – Negotiable
Landlord work – None. Delivered as is
Utilities – Paid by Tenant
Delivery Date – ASAP
Rent Commencement Date – Lease execution date

Description:

Use – K4 – Retail with other uses
Ideal for any food preparation establishment
200 Amp Service
Fully equipped kitchen and dining area
10 Tables with chairs/comfort seating
Large counter with comfort rotational stools
Hood, vent
Gas line
10 ton central ac
Cash Register, broiler, grill, fryer, oven, refrigerators, ice machine, industrial dishwasher, pots, pans, dishware, glasses, etc.
2 bathrooms

Information based upon data available. Subject to change and market conditions and Owner Approval

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Financials (USD)

Asking Price Not Disclosed

Cash Flow Not Disclosed

Sales Not Disclosed

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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