NYC Burger Restaurant for Sale- LOW RENT

Manhattan, NY
New York County


Asking Price: Annual Revenue:
$60,000 $880,000

Food & Beverage: Restaurants, Fast Food, Deli

Request More Information
Contact the Seller

RE: NYC Burger Restaurant for Sale- LOW RENT Broker: Ken Stein

Quick Facts

Asking Price: $60,000
Annual Revenue: $880,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 34604701
Broker Reference #: 14285

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

Low rent, corner location, hospitals, high-rise buildings, foot traffic, offices, simple menu, all make this burger business a great opportunity. This Burger Restaurant use to do $1.3 Million in revenue when it was owned by an experienced restaurateur. Over the last 5 years of ownership with the current non-experienced operator revenue has declined, and food and labor costs have gone up. For an experienced operator, this location has incredible potential, a proven past and you are only paying for the reality of today’s P&L Statement. With sales of $880,000 (in 2019), rent is less than 8% of sales. COVID 2020 NUMBERS ARE BARELY OFF - STILL DOING OVER $800,000 FOR 2020. This business is a great buy at $60,000 for an operator. Location, location, location, this corner has it all. Call about listing 14285.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!