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This is a rare turn-key opportunity to own a highly profitable, fully operational BBQ and hotpot restaurant in the heart of Flushing’s Main Street. Spanning 9, 300 square feet, this upscale dining establishment generates up to $380K in monthly revenue, supported by a loyal customer base and a prime location with high foot traffic and strong consumer demand. The restaurant features an elegant, high-end interior design that enhances the dining experience. It is fully equipped with top-tier appliances, two independent walk-in freezers, and all existing kitchen equipment and furniture included in the sale. The versatile dining setup offers multiple private rooms, making it ideal for family gatherings, corporate events, and group celebrations. Located in one of Flushing’s busiest commercial districts, the restaurant benefits from maximum exposure and a steady flow of customers. This is an excellent opportunity for restaurateurs and entrepreneurs looking to expand their portfolio, investors seeking a high-return, stable business, or BBQ and hotpot enthusiasts ready to own a thriving, well-established restaurant.
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Our Executive Mortgage Banker:
Our Insurance Division:
$500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.046% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,495 | $2,628 | $3,322 |
Total Monthly Payment | $2,587 | $2,720 | $3,414 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.