Diner NYC.AMAZING LOCATION. Below market rent. 14 YEAR lease.

Manhattan, NY (New York County)

Seller Financing Available
Diner NYC.AMAZING LOCATION. Below market rent. 14 YEAR lease.
Contact Seller

Asking Price: $395,000

Cash Flow: $247,000

Gross Revenue: $1,250,000


FF&E: $130

Inventory: $20,000*

Lease Rate: $130 /Month

Established: 1967

*not included in asking price.

Diner NYC.AMAZING LOCATION. Below market rent. 14 YEAR lease.

Save Print Share Valuation Report

Business Description

Make this your own.
Unbelievable rent, Amazing location.
Busy place. Great 4+ online reviews
Needs young creative restaurateur to take it to the next level.
Amazing price. Great current income.
Once in a lifetime opportunity.
Sign and send the attached NDA for more information.
T: 917-834-4063
F: 201-568-5401

Attached Documents

Detailed Information

Not included in asking price
Real Estate:
Building SF:
Lease Expiration:
7+2 Owners
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
1500 SF restaurant with full basement. 14 year lease at $15,500/Month with 3% increases. Real Estate Taxes $700/Month. THIS IS WAY BELOW MARKET. Fully equipped kitchen. All equipment in excellent condition. 60 seats with 8 counter stools. Over 30 FEET frontage.
PRIME PRIME Broadway location with high visibility. Plenty room for a sidewalk cafe. Diner menu with emphasis on breakfast and lunch. Excellent 4+ rating on ALL review sites.
Growth & Expansion:
Old school owner has owned the restaurant for 38 years. Established in 1967 and has NEVER changed. Restaurant closes at 10 pm. Tremendous neighborhood packed with young families and professionals. High foot traffic till late from surrounding high-rise apartment buildings and close to Columbia residences. Surrounded by 10 hotels for additional tourist customers. No advertising, No online presence. Old School needs to change to New School operator.
Limited seller financing available (25%) based upon offer price
Support & Training:
Owner will transition.
Reason for Selling:
Contact Seller

Contact the Seller

(from currently available funds)
Contact Seller Loading

Brian Elkin

Business Listed By:
Brian Elkin

Elkin & Lee Business & Realty Advisors

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in The New York Association of Business Brokers (NYABB).

Listing Statistics

Saved This Listing:
Days Active On Site:
Appeared in Search:
Listing Detail Views:

Ad#:1370618 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Similar Listings

Jimmy John's Gourmet Sandwiches

Franchise Opportunity
Capital Required: $329,500