Newly Built Restaurant w/ 40+ Seat Outdoor Sitting

New York, NY
New York County

UES


Asking Price: Annual Revenue:
$400,000 $1,200,000

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Newly Built Restaurant w/ 40+ Seat Outdoor Sitting Broker: Seller of Business
Owner Financing is Available!
Negotiable for right buyer.

Quick Facts

Asking Price: $400,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $188,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 730435273
Broker Reference #: 11835

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Gorgeous NYC Restaurant Bar on the Upper Eastside of Manhattan comes with an unheard of, incredibly low, monthly rent of $14,500. The lease has 12 years remaining and has 3% annual increases. Restaurant is only responsible for a portion of the Real Estate increases from the base year. No expense spared in building this beautiful restaurant. The restaurant covers 2 storefronts totaling 2,500 square feet plus a covered temperature controlled outdoor seating area in the back! This is a major selling point for all seasons, and can double as a party room. Again, the owners spared no expense even digging the basement to optimize full ceiling heights so that they can use the basement for Prep, storage, and refrigeration. This helps increase the main floor to a 120 seats throughout and a 12 seat Bar. The owners spent a lot of money building and renovating this restaurant, but unfortunately they must move out of state. Currently operates as an Indian Restaurant caterering to the ever diverse neighborhood were the Upper Eastside meets Lenox Hill. The tasteful decor and design of this restaurant allows it to easily be converted to any Cuisine of your choice. To build a space like this would cost you close to a million dollars. You can buy it for much less and the added bonus is unbelievable lease of just only $14,500 a month with a shocking 12 year lease! Don't sleep on this once in a lifetime opportunity.

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



BusinessBroker.net 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!