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Chip Downtown LLC

Snack and Nonalcoholic Beverage Bars · Astoria, NY

Chip Downtown LLC is a business in Astoria, New York, listed under snack and nonalcoholic beverage bars, with 5 to 9 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $180K to $450K.

This page was built from public U.S. government records (Small Business Administration and Census Bureau). It was not created by this business and contains no information from Value Alpha users. How it works · Request removal

Public record

Industry
Snack and Nonalcoholic Beverage Bars (NAICS 722515, as reported by the business)
Location
Astoria, New York
Staff
5 to 9 people (as reported in 2020 to 2021)
Local rank
#7 of 19 businesses in Astoria listed under snack and nonalcoholic beverage bars, by staff size (2020 to 2021)
Registration
Active (as of October 2026)
Formed
April 12, 2018
As of
2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Snack and Nonalcoholic Beverage Bars with 5 to 9 staff, bought 2023 to 2026. Based on 67 purchases.

Loans used to buy them

$150K to $380K

Middle loan about $260K

Estimated purchase prices

$180K to $450K

Middle price about $310K

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Chip Downtown LLC.

Financials of businesses like this

Average revenue

$436K

a year

Average payroll

$121K

28% of revenue

Average staff

6.6

people

US averages for snack and nonalcoholic beverage bars with 5 to 9 staff, 2022 (13,415 businesses). These are not Chip Downtown LLC's own figures; its own revenue and profit are what a valuation needs.

Value Chip Downtown LLC on Value Alpha

Buying, selling or advising on Chip Downtown LLC? Add its revenue, profit and owner pay, or upload the statements, and get a valuation range with bear, base and bull cases, built from comparable companies and completed sales in its industry.

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Restaurants and Other Eating Places in Astoria: the sale report

Sale ranges by staff size, local counts and how to value one, by email.

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Questions

How much is a business listed under snack and nonalcoholic beverage bars worth in New York?
From 2023 to 2026, businesses listed under snack and nonalcoholic beverage bars with 5 to 9 staff sold for about $180K to $450K, with a middle price of about $310K, based on 67 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about Chip Downtown LLC?
The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of Chip Downtown LLC get a valuation?
Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

Similar businesses in Astoria

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