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Listed by:

Fifth Avenue Brokerage

Upscale Italian Restaurant In Prime NYC Location For Sale

New York, US
Asking Price:
$1,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,200,000
Cash Flow:
$275,000

Upscale Italian Restaurant in Prime NYC Location

This renowned Italian restaurant in Manhattan offers a unique opportunity to own a highly profitable and well-established business. The restaurant features a beautifully designed dining space, a full-service bar, and an authentic menu curated by top chefs. With a prime location, steady revenue, and a loyal customer base, this business is turnkey and ready for new ownership.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration:
2/10/2025

Location:

New York, NY (New York County)

Premises Details:

The restaurant includes a fully operational commercial kitchen, a wine cellar, seating for 120 guests, a full bar, and a small outdoor patio.

Size in square feet:
4,300

Business Operation

Expansion Potential:

Potential for expansion into catering, private events, and extended hours for brunch services.

Competition / Market:

Manhattan has a highly competitive restaurant scene, but this business has a premium location and a strong reputation that gives it an edge.

Reasons for selling:

Owner is retiring.

Employees:
12
Years established:
17 Years

Other Information

Support & training:

Owner will provide 30 days of training for a smooth transition.

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

Negotiable

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