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High Volume Cheeburger Cheeburger Forest Hills, NY – On Queens Blvd!

Forest Hills, New York
High Volume Cheeburger Cheeburger Forest Hills, NY – On Queens Blvd!
Asking Price:$450,000
Gross Sales: $1,412,425
Cash Flow: $169,143
Monthly Rent: $12,800
Value Of FF&E: Included In Asking Price
Real Estate: Leased
Year Established: 2007
Status: New Listing

Contact Details

Contact Name: Tami Hillier

Contact Email: sales@eatz-associates.com

Contact Phone: 503-319-4626

Contact Fax: 877-481-6028

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Business Description

A popular family-friendly fast-food franchise in a retro 1950s setting featuring customizable burgers, salads, favored drinks and milk shakes/malts. Along with fresh cut French fries and onion rings, freshly fried throughout the day and never frozen. As well as a variety of scrumptious sandwiches, hot dogs, chicken and more. Plus, tasty appetizers and quick bites. And desserts, from ice-cream floats to the perfect artistry of a banana split. Kids’ menu.

A fun casual full-service restaurant. Dine in, take-out and delivery, plus fundraising.

Well established location for over 13 years! Owner operated.

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

 

Detailed Information

County: Queens

Location: Prime retail space on highly trafficked Queens Blvd, a major thoroughfare in the Queens borough of New York City, connecting Midtown Manhattan via the Queensboro Bridge to Jamaica. It runs through some of Queens' busiest areas and is also part of New York State Route 25. This Cheeburger is perfectly situated near the Forest Hills train station, just a half block away from the Regal UA Midway movie theater. Plus, a new children’s play center is opening next door. And it’s surrounded by the vast residential area of the Forest Hills neighborhood with over 300,000 residents within a 4-mile radius!

Facilities: Leased space $12,800/mth gross. Current lease expires in Apr 2022 with one 5-year option. Square Feet: 2,300. Seating: 86. Days/Hrs of Operation: Su-Th 11a-10p & Fr-Sa 11a-12m.

Competition: A great American diner. A young and fun franchise that is also is an award-winning, leading brand in the industry. Offers the magic combination of quality, freshness and fun. “Where big is better” along with real authentic flavor. Boasts a great menu with great prices. Is consistently good, time-after-time-after-time. Only uses the highest quality ingredients and raw products. Their beef is fresh, never frozen and all-natural. There’s nothing added. Nothing artificial. No added hormones. Their fries and rings are fresh cut right there in the restaurant every day. And their hundreds of flavors of shakes and malts are made the old-fashioned way, with Edy’s or Dreyer’s Grand Ice Cream. Plus, there is their unmistakable tradition of fun. You’ll see it in their posters, signs, colors, lighting and creative menu items. Also known for their friendly, attentive service.

Growth and Expansion: The first Cheeburger Cheeburger, named for a Saturday Night Live sketch, opened on Sanibel Island, Florida in 1986. Began franchising its 50's-style diners 5 years later in 1991. Currently operating 20 locations on the east coast and one internationally. Everybody loves Cheeburger Cheeburger. Incredible menu. Great burger and fries spot. The “go to” burger place. Classic local neighborhood joint. A true gem on Queens Blvd. Best burger place in Forest Hills. A favorite burger place in NYC. The kind of place you have been looking to buy!

Support/Training: Two weeks on-site comprehensive training.

Number of Employees: 8 Full & 8 Part-Time

Inventory: $10,000

Seller Financing: No

Reasons For Selling: Too far from new home.

Gross Sales: $1,412,425

Value Of FF&E: Included In Asking Price

 

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