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

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Asking Price:
$1,080,000

Gross Revenue:
$2,500,000
Cash Flow:
$355,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
not included in asking price

FF&E:
$250,000
included in asking price

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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.

About the Business

Year Established:
1988
Number of Employees:
34
Real Estate:
Leased
Building Sq. Ft.:
6,000
Rent:
$28,500.00 Per Month
Lease Expiration:
9/29/2029
Facilities:
160 seat dining room on street level.
kitchen on street level.
kitchen in basement.
office in basement .
storage in basement
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About the Sale

Reason For Selling:
Seller has other interests.
Training/Support:
Seller will train new owners.
Seller Financing:
Seller is willing to finance a part of the purchase price.

Listing Info

ID:
1425406
Ad Detail Views:
891

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$
months
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Business Listed by

Jay M. Inbar,Certified Mergers &Acquisition Pro

Inbar Group Inc - Business Brokers

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U.S. Census Data for New York County, NY
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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