High Volume Burger Concept East Village $3.8m Sale

Manhattan, NY
New York County

Asking Price: Annual Revenue:
$3,000,000 $3,900,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: High Volume Burger Concept East Village $3.8m Sale Broker: Henry Galasso
Owner Financing is Available!

Quick Facts

Asking Price: $3,000,000
Annual Revenue: $3,900,000
Net Profit: Not Disclosed
Cash Flow: $823,500
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 47
Employees: 40
BBN Listing #: 425335273
Broker Reference #: 11575

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Business Overview:

Iconic Burger Cafe in New York's historical Lower East Side is now up for sale the owner is retiring after 40 years. This legacy store truly is a diamond in the rough for any experienced food operator / chef or Restaurant Group who want to add this to their portfolio of successful establishments. This 3,000 square feet gem has an extremely reasonable rent for the size currently grossing shy of four million dollars a year. The Restaurant has extremely loyal clientele sales are steady over the past 10 years. the owner has a 18 year lease with an additional option on top of that.

Please have proof of funds available to show before inquiring! Contact Bob Patel, your agent or Register on our website.

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Reason for Selling:

Owner is Retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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