Iconic NYC Diner in AAA Location

Manhattan, NY
New York County

NYC


Asking Price: Annual Revenue:
$599,000 $1,300,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Iconic NYC Diner in AAA Location Broker: Ken Stein

Quick Facts

Asking Price: $599,000
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: $130,000
Total Debt: Not Disclosed
FF&E: $750,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 16
BBN Listing #: 48784701
Broker Reference #: 15060

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Business Overview:

Landmark NYC Diner for sale in a one-of-a-kind AAA Manhattan location. This 100% Absentee operated diner has been established for over 30 years and a new more involved owner will be able to dramatically improve the operation. This is a SLEEPING Giant and was a CASH COW for DECADESs and is now the opportunity for a new owner to propel both the sales and the profits. They have a location that CAN’T be beat with TREMENDOUS Visibility and Traffic. About 2,500 square feet with seating for 100 guests. All the equipment in good condition with plenty of storage. Currently the business is averaging over $25,000 per week in sales with reduced hours since the start of the pandemic. Prior to Covid, this diner had WEEKLY sales of $85,000 per week! The seller is retiring, and this is your opportunity to own a piece of New York City’s history. Please refer to listing number 15060 when inquiring about this opportunity.

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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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