Hot Listing

Established Steakhouse in Midtown - Considering ALL Offers

Asking Price$175,000

Cash Flow
$177,407
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,774,070

Inventory$25,000
Included in asking price
FF&E$125,000
Included in asking price
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Hot Listing

Established Steakhouse in Midtown - Considering ALL Offers


Asking Price$175,000

Cash Flow
$177,407
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,774,070

Inventory$25,000
Included in asking price
FF&E$125,000
Included in asking price
Business Description
Established Customer Base
Are you ready to sink your teeth into a sizzling opportunity in the heart of New York City? Look no further than this exquisite 15-year-old Steak Restaurant, now available for sale. Located in the bustling culinary scene of New York, this restaurant has quickly become a favorite among locals and tourists alike. Boasting a vibrant atmosphere and a menu filled with mouthwatering steaks, this establishment has earned a reputation for excellence in both quality and service.



One of the key strengths of this business is its loyal customer base. From the moment guests step through the door, they are greeted with a warm and inviting ambiance, setting the stage for a memorable dining experience. Patrons keep coming back for more, drawn in by the succulent flavors and impeccable presentation of dishes. But the potential for growth doesn't stop there. With the right vision and expertise, there are endless opportunities to expand and elevate this already thriving business.



From hosting special events and private dinners to tapping into the delivery and catering market, the possibilities are as rich as the savory steaks. Highlights: Over 1,100 sq ft Rent $16,886 16 Employees 45 Seats Don't miss out on this exciting opportunity to own a piece of the Big Apple's dining scene.



Submit a request for more information on this webpage!
About the Business
Years in Operation
15
Employees
16 (14 Full-time, 2 Part-time)
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,000
Rent
$16,882.00 per month
Lease Expiration
1/30/2030
About the Sale
Seller Motivation
retiring and moving
Transition Support
4 weeks
Financing Options
Listing Info
ID
2321635
Listing Views
1612

Contact Seller

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Business Listed by: Sam Curcio Transworld Business Advisors of NY

Listing ID: 2321635 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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