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Beautiful Turnkey Restaurant Upper East Side Asset Sale In Manhattan For Sale

Manhattan, New York, US
Asking Price:
$60,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

HS Listing ID-61584

Situated on 1st Ave in Manhattan, very high foot traffic location near numerous residential apartment buildings and diverse businesses.

Currently serves Middle Eastern cuisine but can be adapted to anything. Could be a good location for a dessert joint, coffee shop, bubble tea etc.

Beautifully newly renovated restaurant with a full basement for prep & charming backyard, ready for immediate operation.

5-year lease with (1) 5-year option – 3% increases on base rent.

Perfect opportunity for an owner-operator to take over and expand. Hands-on management can drive business growth and customer engagement.

The restaurant offers 800 SQ FT of indoor seating with 26 seats and a 200 SQ FT patio with 18 seats, featuring ambient lighting outdoors for a charming atmosphere and cozy indoor lighting.

Holds a full liquor license.

Rent: $8,115.89 per month.

Taxes: $4,000 per annum.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$97,380 per annum

Business Operation

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.

Business closed / Asset sale:
Yes