High End Midtown EastSteakhouse - 31352

Not Disclosed, NY
New York County


Asking Price: Annual Revenue:
$699,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: High End Midtown EastSteakhouse - 31352 Broker: Mel Vaz
Owner Financing is Available!
$699,000.00 Down & Seller will entertain any reasonable offer!

Quick Facts

Asking Price: $699,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 7894447
Broker Reference #: 31352

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Business Overview:

High End Midtown East Steakhouse - Opportunity Sale. This location closed down just one month ago. This is strictly an asset and lease sale. This is a prime location in a very affluent area of Manhattan. It offers 2 floors of space with a basement kitchen. The ground floor is 2,000 square feet with seating for 75 including a bar that seats 12. There is also a 600 square feet office. The second floor is 1,600 square feet with seating for 75 including a private room that seats 16. They have a full liquor license. They can serve liquor until 2am M-Th., 4am F& Sat., and until midnight on Sun. ALL FF&E IS INCLUDED. This is a beautifully appointed location with all high end finishes. It must be seen to be appreciated. There are 11 years left on the current lease at a rent of $36,900/month. That is very reasonable for the area. You can keep the most recent concept or bring in something entirely new. Why wait months for permits, licenses and construction? THIS LOCATION IS TURN KEY AND READY TO GO! We are seeking a serious and financially qualified restaurateur with at least $699,000 in liquid funds to cover the asking price plus approximately $110,700 to cover 3 months of rent security. To learn more, please contact Mel Vaz today. ALL SITE VISITS MUST BE MADE BY APPOINTMENT. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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Additional Details:

  • The property is owned.
  • The owner is not 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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