Business Summary

Asking Price: $5,400,000
Gross Income: $5,000,000
Cash Flow: $2,000,000
EBITDA: N/ A
FF&E: N/ A
Inventory: N/ A
Real Estate: N/ A
Established: 1993
Employees: N/ A

Business Description

Tremendous opportunity to purchase an existing 3000 sq. ft Bistro Restaurant located in one of the most chic and luxurious boutique hotels in Mid-Town Manhattan. Extremely busy ! With consistent PROFITS OVER $2 million, the current owner of 20 years is ready to retire and turn this highly profitable business over to the next owner.
This bistro enjoys exclusivity by being the only restaurant serving breakfast, lunch, dinner and late night snacks in the entire hotel. Long and favorable 15 year lease. Buyer must have restaurant experience and/ or own other restaurants in NY to qualify through landlord.
If you currently own restaurants in NYC - this may be a great opportunity to expand. Proof of funds and restaurant background.

Detailed Information

Facilities: Tremendous opportunity to purchase an existing 3000 sq. ft Bistro Restaurant located in one of the most chic and luxurious boutique hotels in Mid-Town Manhattan. Extremely busy ! With consistent PROFITS OVER $2 million, the current owner of 20 years is ready to retire and turn this highly profitable business over to the next owner. This bistro enjoys exclusivity by being the only restaurant serving breakfast, lunch, dinner and late night snacks in the entire hotel. Long and favorable 15 year lease. Buyer must have restaurant experience and/ or own other restaurants in NY to qualify through landlord. If you currently own restaurants in NYC - this may be a great opportunity to expand. Proof of funds and restaurant background.

Financing: To Qualified Buyer

Support & Training: 2 Weeks

Reason for Selling: Retiring.

Property Details