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Listed by:

Transworld Business Brokers

Turn Key Bar & Restaurant Opportunity For Sale

New York, US
Asking Price:
$499,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$974,830
Cash Flow:
Available on request

Are you ready to step into the bustling world of hospitality in the heart of Manhattan? Look no further than this fantastic opportunity to acquire a restaurant and bar location in prime Midtown Manhattan!

Key Highlights:

Location, Location, Location: Situated in the vibrant heart of midtown Manhattan, this location benefits from high foot traffic, proximity to major attractions, and a bustling nightlife scene.

Modern and Turn-Key: The location has undergone major renovations and updates, resulting in sleek and modern interior that is sure to impress patrons. From new kitchen equipment to state-of-the-art sound system and large TVs, this establishments are ready to serve.

Versatile Concept: Whether you wish to continue with the existing concept or explore new culinary avenues, the flexibility of this space allows for seamless adaptation. Consider converting the location to suit your vision, whether it's a different cuisine, a cozy pub atmosphere, or an upscale cocktail bar.

Fully Staffed and Growing: Enjoy the benefits of a fully trained and dedicated staff. With a growing customer base and established reputation, this business is poised for further success under new ownership.

Long-Term Leases: Benefit from secure a lease with over 10 years remaining, providing stability and peace of mind for future operations. This location offers 4,243 sqft at $30,000 per month.

Serious inquiries only. A confidentiality agreement is required for further details.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $25,000.00

Square Units (Foot, Meter): 7,000

Lease Expiration Date: December 31, 2033, 9:00:00 PM

Business Operation

Reasons for selling:

other business focus

Trading hours:

11a-2a

Employees:
42
Years established:
2022

Other Information

Support & training:

4 weeks

Furniture / Fixtures value:
$250,000 - included in the asking price
Inventory / Stock value:
$50,000 - included in the asking price