Many people dream of owning a restaurant.
Very few get the chance to own one in Midtown Manhattan.
Well — this is your opportunity.
Midtown Manhattan, where location is everything and foot traffic never stops.
Location, Location, Location – Unmatched Midtown Prime!
Situated on West ___ Street inside the Hilton Garden Inn New York Times Square South (a bustling Hilton property), you're steps from:
Hudson Yards (just a few blocks)
Penn Station (major transit hub for commuters, Amtrak, NJ Transit, LIRR)
Madison Square Garden (MSG) (home to Knicks, Rangers, concerts, events—constant crowds)
Times Square, Empire State Building, Javits Center, High Line, Macy's Herald Square, Broadway Theater District—all within easy walking distance
This spot captures endless tourist, business traveler, convention, and local traffic 365 days a year. Midtown Manhattan's energy means built-in demand—no relying solely on street walk-ins.
Guaranteed Revenue Stream – 75%+ from the Hotel Itself!
Unlike traditional standalone restaurants fighting for every customer, this operation enjoys a rock-solid partnership with the Hilton Garden Inn:
Over 75% of current revenue comes directly/indirectly from hotel guests (room service, complimentary breakfast for guests, in-hotel dining, etc.)
The hotel franchise pays the restaurant owner directly for these services—guaranteed, predictable income that cushions against slow periods
This built-in captive audience (hundreds of rooms nightly) provides stability few restaurants in NYC can match
Financial Snapshot & Upside Potential
Current Monthly Average Revenue: $75,000 (impacted by temporary scaffolding reducing visibility)
Pre-Scaffolding (prior to July 2025): $120,000+/month — huge rebound expected once removed soon!
Current Rent: Reduced to $14,000/month (due to scaffolding; escalates 3% annually) — previously $21,600
Utilities: Tenant pays ~$6,000/month (water/gas/electricity)
Staff: 6 full-time (1 bartender, 2 cooks, 2 servers, 1 dishwasher) — Payroll ~$30,000/month
Total Fixed Expenses: ~$59,000/month ? Solid margins with revenue growth ahead
About the Restaurant – Turnkey & Versatile
In operation since August 2024 (new ownership; building was closed 2020–2024 due to COVID)
Reason for sale: Owner has another successful restaurant in the city and is focusing there
Seating/Capacity: 206 total (137 indoor dining + 69 outdoor patio—seasonal gem!)
Bar: Beautiful full bar with 8–10 stools + on-premises liquor license (joint venture with Hilton)
Square Footage: ~4,000 sq ft + basement (ample storage, buffet setup, catering prep)
Hours: 7 AM – 12 AM (lease requires 7 AM – 11 PM, 7 days/week—no exceptions, but aligns with hotel demand)
Business Mix: Breakfast drives ~40% of revenue (huge from hotel guests); plus lunch/dinner, online delivery (Grubhub, DoorDash, Uber Eats), room service, events/catering
Lease Terms: 10 years + 5-year option
Why This Opportunity Stands Out
? Midtown Manhattan location
? Built-in hotel guest traffic
? 70%+ revenue from hotel partnership
? Large seating capacity (206)
? Full liquor license (joint venture with hotel)
? Outdoor dining patio
? Strong breakfast business
Ad#:2481068
