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Mediterranean Bistro In New York County For Sale

New York County, New York, US
Asking Price:
$275,000 Inventory / Stock included
Sales Revenue:
Cash Flow:

This beloved Mediterranean Bistro, located in an up and coming section of Manhattan, re-opened in April 2021 to glowing reviews. You now have the opportunity to purchase this gem with the knowledge that you will be inheriting a new great 15 year lease, which the seller deftly negotiated down from $4,000/month to just $2,200/month. That's a saving of $324K over the life of the lease. Had he had that lease in the year leading up to when the pandemic closed businesses down, he would have made over $100K during that span and that was with him only being there one or two days per week. If you are planning to be more hands-on, you should be able to make more than that, by replacing the cost of a manager. Water is included in the lease at no cost. All of the furniture, fixtures, and equipment are still intact, as seen in the photos. Please do not speak with any of the employees or customers when visiting the location, as they do not know it's for sale. Instead, kindly call the listing broker, Jay Goldman, to make an appointment to meet with the seller to get a full tour of the facilities and ask some questions. Mr. Goldman can be reached. If you are new to Vested, please at least become a free registered buyer under listing 33865 at In order to obtain the name & address of the business, upgrade to premium membership right away.

Business Operation

Reasons for selling:

Too many balls up in the air

Years established:

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

175,000.00 Down & $100,000.00 at 6% over 24 months

Furniture / Fixtures value:
Inventory / Stock value:
$2,500 - included in the asking price

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