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Highly Profitable Trendy Restaurant In NYC For Sale

New York City, New York
Asking Price:
$700,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,723,568 (USD)
Cash Flow:
$278,000 (USD)

Trendy restaurant in the heart of new york city for sale! Buy an upward trending business. – Motivated seller due to relocation to another country!

This seller is selling its established, highly profitable, trendy and healthy Hawaiian restaurant under the market price. Thanks to the historically high net profit of the business, there is already a bank willing to provide financing at around 7% interest.
The restaurant is located in Union Square; highly desirable and premier area with heavy foot traffic. The restaurant has operated very efficiently since its opening, so the next owner does not have to do a thing and just collect a high return on investment. Or the next owner can expand the current food and drink menu and implement his or her own strategies to make it even more profitable. The build out of this space exceeded $500,000 alone! Plus, the time and effort in finding the right location. The heavy lifting is over with this turnkey investment! In addition, one of the franchise locations also brings in another $2000 a month in royalty fees.
All financials are verifiable as well as the google analytics, so buyers can see how this restaurant compares with other brands around the area.
Inquire ASAP! Listing will not last! Co-Broke welcome!

Property Information

Real Estate:

Lease

Lease Terms:

Around 7 years left in lease

Leasehold Rent:

$22,000 (USD) per annum

Location:

Prime corner location with heavy foot traffic. Located next to NYU Campus and Mt. Sinai hospital

Size in square feet:
1,500

Business Operation

Expansion Potential:

Buyer can expand on drink and food menu. Alcohol license already approved.

Reasons for selling:

Owner moving to another country

Employees:
12
Years established:
2016

Other Information

Support & training:

Mon-Sun 11am-9pm

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

Financing available at 7% interest rate

Furniture / Fixtures value:
$55,650 (USD) - included in the asking price
Inventory / Stock value:
$11,603 (USD) - included in the asking price
Relocatable:
This business can be relocated.

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