This property is Off-Market

90-15 queens blvd
Elmhurst, NY 11373 ·

800 SF · Retail For Sale

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Food Court Franchise Store

Price N/A Property Use Type Business For Sale
Building Size 800 SF Commission Split 3%
Property Type Retail Lot Size 800 SF
Property Sub-type Restaurant
Listing ID: 15752354 Date Created: 06/10/2008 Last Updated: 09/25/2008

Description

Inside the Queens Center Mall Food Court. Extremely busy location all year round. No advertisements needed to run this business. Very well known restaurant franchise. Generates high revenue without much work needed. Here are some more details about this business:

Lease- 6 Years left
Increase% p/year $500

Income-
Gross Income p/Month: $100,000
Gross Income p/Year: $1.2M
Net Operating Income p/Month: $25,000
Net Operating Income p/Year: $300,000

Expenses-
Rent p/Month: $23,000
Real Estate Taxes: Included in the Rent
Electric: Included in the Rent
Gas/Oil Fuel p/Month: $1,000
Pay Roll p/Week: $4,000
Pay Roll p/Month: $17,000
Franchise Fee: $10,000 One time transaction however it is included
in the asking price.

If you have any further questions or inquiries please contact me.

UP&UP Realty Inc.
-Work

Douglas Chan
-Cell

Great business located in the Heart of Queens and in the Heart of Queens Center Mall. The restaurant is located in the food court of Queens Center Mall.

Research

90-15 queens blvd, Elmhurst, NY 11373 (Queens County)

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