Rare Established West Village Restaurant – Below-Market Rent
Business Description
This is an opportunity to acquire an established restaurant in the heart of the West Village, one of Manhattan’s most supply-constrained and high-demand food & beverage corridors.
The business operates from a recently gut-renovated, turnkey space featuring a fully equipped, fully vented kitchen with gas, new HVAC, and a beer & wine license already in place (full liquor possible). The layout includes approximately 600 RSF on the ground floor, 600 RSF on the lower level, plus additional AMPLE non-contiguous storage, offering operational flexibility rarely found in the neighborhood.
A key differentiator is the below-market rent, secured under a long-term lease through December 31, 2030, possible extention for the right operator, providing meaningful downside protection in an area where replacement rents and build-out costs continue to rise.
The operation has an established sales history and is currently run as a full-service restaurant. This offering , includes furniture, fixtures, equipment, build-out, and operational infrastructure. The business name is not included.
This opportunity is well-suited for:
Owner-operators seeking a turnkey West Village location
Existing restaurant groups expanding their footprint
Buyers prioritizing speed to market and lease security over new construction
Due to the nature of the operation, all inquiries will be handled confidentially, and additional information will be provided upon execution of a standard NDA.
The business operates from a recently gut-renovated, turnkey space featuring a fully equipped, fully vented kitchen with gas, new HVAC, and a beer & wine license already in place (full liquor possible). The layout includes approximately 600 RSF on the ground floor, 600 RSF on the lower level, plus additional AMPLE non-contiguous storage, offering operational flexibility rarely found in the neighborhood.
A key differentiator is the below-market rent, secured under a long-term lease through December 31, 2030, possible extention for the right operator, providing meaningful downside protection in an area where replacement rents and build-out costs continue to rise.
The operation has an established sales history and is currently run as a full-service restaurant. This offering , includes furniture, fixtures, equipment, build-out, and operational infrastructure. The business name is not included.
This opportunity is well-suited for:
Owner-operators seeking a turnkey West Village location
Existing restaurant groups expanding their footprint
Buyers prioritizing speed to market and lease security over new construction
Due to the nature of the operation, all inquiries will be handled confidentially, and additional information will be provided upon execution of a standard NDA.
About the Business
- Years in Operation
- 6
- Employees
- The business is supported by a seasoned and experienced staff familiar with the
- Facilities & Assets
- Fully built-out turnkey restaurant with approx. 50 seats (indoor, bar, and sidewalk café). Includes complete commercial kitchen with gas, full venting, 8-burner range, grill, stone oven, ovens, refrigeration, freezers, prep tables, shelving, and storage. All FF&E included: tables, chairs, bar stools, glassware, plates, silverware, kitchen tools, stereo system, seasonal vestibule, and outdoor fixtures. Coffee machine and dishwashers are leased. Food, beverage inventory, and business name not included.
- Market Outlook / Competition
- Located in the West Village, one of Manhattan’s most established and supply-constrained food & beverage markets. The area benefits from strong foot traffic, dense residential population, tourism, and consistent dining demand. Competition is high, but barriers to entry are significant due to limited availability, high build-out costs, and rising rents—making existing, turnkey locations with below-market leases especially attractive.
- Opportunities for Growth
- Significant upside potential exists through expanded operating hours. The current operator opens at 5:00 PM and does not offer breakfast, lunch, or brunch service. Extending hours to include daytime service, weekend brunch, or late-night operations could materially increase revenue. Additional growth opportunities include delivery, catering, private events, and menu or concept repositioning, subject to buyer strategy and approvals.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,700
- Rent
- $16,000.00 per month
- Lease Expiration
- 12/31/2030
About the Sale
- Seller Motivation
- The seller is relocating out of state and looking to downsize business commitmen
- Transition Support
- Support and training can be discussed, if necessary, to ensure a smooth transition.
Listing Info
- ID
- 2459959
- Listing Views
- 11
Attached DocumentsAttachment Disclaimer
Listing ID: 2459959 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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