Hot Listing
Korean BBQ restaurant and Karaoke
Business Description
Locally popular Korean BBQ restaurant for 10 years!
Rare opportunity to acquire a well-established dining and entertainment destination in one of New York City's most sought-after commercial districts. This unique concept combines a highly popular interactive dining experience with private group entertainment, creating multiple revenue streams and a customer base that extends far beyond traditional restaurant traffic.
Generating approximately $2.8 million in annual revenue, the business benefits from nearly a decade of operating history, strong local brand recognition, repeat clientele, tourist traffic, corporate events, celebrations, and late-night demand. The venue occupies approximately 4,400 square feet and features a fully built-out operation with substantial infrastructure already in place, representing a significant barrier to entry for competitors.
Key Highlights:
• Approximately $2.8M+ annual revenue
• Prime high-traffic Manhattan location
• Established since 2016
• Long-term lease in place through 2031
• Multiple revenue streams including dining, private rooms, group events, and entertainment
• Fully equipped, turnkey operation
• Significant asset base and build-out included
• Strong online presence and customer awareness
• Difficult-to-replicate concept and facility configuration
• Growth opportunities through events, digital marketing, yield management, and corporate partnerships
The business is ideally suited for an experienced restaurateur, hospitality group, entertainment operator, or entrepreneur seeking an established platform with proven demand and clear operational upside. The current ownership is seeking retirement, creating an opportunity for a new owner to capitalize on existing momentum while implementing additional growth initiatives.
Opportunities of this scale, location quality, and asking-price-to-revenue ratio are exceptionally rare in the NYC hospitality market.
Qualified buyers only. NDA required for additional details.
Generating approximately $2.8 million in annual revenue, the business benefits from nearly a decade of operating history, strong local brand recognition, repeat clientele, tourist traffic, corporate events, celebrations, and late-night demand. The venue occupies approximately 4,400 square feet and features a fully built-out operation with substantial infrastructure already in place, representing a significant barrier to entry for competitors.
Key Highlights:
• Approximately $2.8M+ annual revenue
• Prime high-traffic Manhattan location
• Established since 2016
• Long-term lease in place through 2031
• Multiple revenue streams including dining, private rooms, group events, and entertainment
• Fully equipped, turnkey operation
• Significant asset base and build-out included
• Strong online presence and customer awareness
• Difficult-to-replicate concept and facility configuration
• Growth opportunities through events, digital marketing, yield management, and corporate partnerships
The business is ideally suited for an experienced restaurateur, hospitality group, entertainment operator, or entrepreneur seeking an established platform with proven demand and clear operational upside. The current ownership is seeking retirement, creating an opportunity for a new owner to capitalize on existing momentum while implementing additional growth initiatives.
Opportunities of this scale, location quality, and asking-price-to-revenue ratio are exceptionally rare in the NYC hospitality market.
Qualified buyers only. NDA required for additional details.
About the Business
- Years in Operation
- 10
- Market Outlook / Competition
- Only restaurant serving Korean BBQ in the area
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,400
- Rent
- $33,765.00 per month
About the Sale
- Seller Motivation
- Operating owner retiring
Listing Info
- ID
- 2482174
- Listing Views
- 682
Listing ID: 2482174 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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