Listing Number: 6842-666420
Description
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 not one, but two thriving restaurant and bar locations in prime Midtown Manhattan!
Key Highlights:
Location, Location, Location: Situated in the vibrant heart of midtown Manhattan, these two locations benefit from high foot traffic, proximity to major attractions, and a bustling nightlife scene.
Modern and Turn-Key: Both locations have undergone major renovations and updates, resulting in sleek and modern interiors that are sure to impress patrons. From new kitchen equipment to state-of-the-art sound systems and large TVs, these establishments are ready to serve.
Versatile Concept: Whether you wish to continue with the existing concept or explore new culinary avenues, the flexibility of these spaces allows for seamless adaptation. Consider converting one or both locations 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 at both locations. With a growing customer base and established reputation, these businesses are poised for further success under new ownership.
Long-Term Leases: Benefit from secure leases with over 10 years remaining, providing stability and peace of mind for future operations. One location offers 7,000 sqft at $25,000 per month, while the other provides 4,243 sqft at $30,000 per month.
Serious inquiries only. A confidentiality agreement is required for further details.
Listing Details
- Price: $ 2,250,000
- Down Payment: $2,250,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 2,100,000
- Location: New York County, New York
- Inventory: $ 100,000
- FF&E: $ 500,000
- Employees: 42
- Year Established: 2022
- Reason for Selling: Other business focus
- Category: Liquor Related Biz
