Diner / Restaurant New York City - Manhattan's Iconic Corner

Manhattan, NY (New York County)

Seller Financing Available
Modern Menu
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Asking Price: $1,080,000

Cash Flow: $355,000

Gross Revenue: $2,500,000

EBITDA: N/A

FF&E: $250,000

Inventory: $20,000*

Rent: $28,500 /Month

Established: 1988

*not included in asking price.

Diner / Restaurant New York City - Manhattan's Iconic Corner

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Business Description

Fully remodeled ,beautiful full service diner restaurant located on a corner of a desired neighborhood of Manhattan.
Family owned for over 20 years. Modern vast menu.3700 sqf ,160 seats.Free wifi for the patron's use.
2500 sqf of basement space,Walk in freezer,2 walk in refrigerators.2 kitchens,exahust system ,A/C ,office.
Full time chef and a well trained crew.Deliveries done by 3rd party and own employees.Management in place.

Detailed Information

Location:
Manhattan, NY
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
9/29/2029
Employees:
34
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
160 seat dining room on street level. kitchen on street level. kitchen in basement. office in basement . storage in basement
Financing:
Seller is willing to finance a part of the purchase price.
Support & Training:
Seller will train new owners.
Reason for Selling:
Seller has other interests.
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Contact the Seller

(from currently available funds)
 
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Jay M. Inbar,Certified Mergers &Acquisition Pro

Business Listed By:
Jay M. Inbar

Inbar Group Inc - Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The New York Association of Business Brokers (NYABB).

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