Seller's Contact Information
- RE: NYC Mediterranean Restaurant / Revenue $27k Weekly
- Contact: Ken Stein
Quick Facts
Asking Price: | $550,000 | |
Annual Revenue: | $1,400,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $195,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 20 | |
BBN Listing #: | 3214701 | |
Broker Reference #: | 15130 |
Business Overview:
This busy Mediterranean Cuisine and Bar is located right in the middle of it ALL, True AAA location, right where all the action is. A fantastic corner location. This UNIQUE busy Restaurant and Bar is a very RARE find in Manhattan. The business has the design and feel of an upscale New York City Restaurant-Bar. Plenty of seating between the bar & restaurant. The ambiance in this establishment is second to none. Turn-key operation so you won’t have to spend a red cent on this business!! This restaurant/bar is highly visible on a main avenue and cannot be duplicated for the selling price of $550,000. Excellent online reviews, loved by all. This restaurant has VERY healthy weekly sales of $27,000 and NETS $195,000. They currently have a lease for 8 years plus a 10-year option. This is a secure business is well established in NYC. Please refer to listing #15130 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 homebased business opportunity.
- This is not a franchise resale opportunity
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