Fantastic Lease / UES Restaurant!

New York, NY
New York County

Asking Price: Annual Revenue:
$400,000 $924,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fantastic Lease / UES Restaurant! Broker: Carey Davis
Owner Financing is Available!

Quick Facts

Asking Price: $400,000
Annual Revenue: $924,000
Net Profit: Not Disclosed
Cash Flow: $212,760
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 9
BBN Listing #: 375635879
Broker Reference #: 6842-916517

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Business Overview:

Be part of the Craft Beer Explosion. Every neighborhood needs a good craft beer and cheese institution and this one on Manhattan's upper east side is an out-of-the-gate success. People love the 300 brands, 16 draft lines, dozens of cheeses and a full ramen restaurant- all in 2000 SF space with basement plus plenty of outside tables and chairs. It's all wrapped up in an under-market priced lease. Making a profit since it opened in May 2017 the owner is selling to move on to bigger interests. It's a must see!

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Property Features and Assets:

2,000 Square Feet with full basement. Rent is below $12.5 until Jan 2020. Landlord will give long lease as part of sale Carefully designed and constructed in mid-2017, the beautiful $400,000 build out brings it all together: A sleek ramen restaurant combined with a craft beer and cheese shop.

Market Competition and Expansion:

It could be yours! - A craft beer shop and ramen restaurant in the heart it all: On the upper east side of Manhattan near hospitals, apartments, fancy retail stores and far, far away from any specialty grocer there's a gem of a craft beer and ramen restaurant. It's a must-see. Profitable, clean, with open books and priced to sell. Franchise-ready. Just keep doing what the founder and seller has done: keep high quality workers dedicated helping happy customers enjoy the beer, cheese, ramen and camaraderie. This restaurant and shop is priced to sell.

Reason for Selling:

Other business interests.

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.

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