Stunning Turnkey Restaurant in Prime Upper East Side Location

Asking Price$349,000

Cash Flow
$74,115
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$922,662

InventoryNot Disclosed

FF&ENot Disclosed

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Stunning Turnkey Restaurant in Prime Upper East Side Location


Asking Price$349,000

Cash Flow
$74,115
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$922,662

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Step into one of the most beautifully designed restaurant spaces in Manhattan’s coveted Upper East Side. This turnkey opportunity boasts an impeccable build-out, offering an elegant and inviting ambiance that is second to none. With 1,300 sq. ft. of prime dining space plus two full basements, this restaurant is fully equipped for success. Established in 2019, it has already built a strong presence in the neighborhood and comes with a highly favorable lease—five years remaining on a ten-year agreement with an option to renew, providing long-term security in one of NYC’s most desirable locations.

With a rent of $14,200 per month, this space presents operational efficiency. The restaurant is currently staffed with experienced employees, ensuring a seamless transition for a new owner. The layout, design, and high-end finishes make this an ideal opportunity for an experienced operator looking to establish or expand their presence in a high-foot-traffic, high-income neighborhood. Whether you maintain the existing concept or introduce a fresh new vision, this space is designed to impress and thrive.

This is more than just a restaurant—it’s a statement piece in one of NYC’s most prestigious areas. With an unmatched build-out, strong lease terms, and a prime location, this opportunity is truly one-of-a-kind. Don’t miss your chance to own a beautifully curated dining experience in the heart of the Upper East Side! Contact us today for more details and to schedule a showing.

EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: Five (5) years remaining on 10-year lease with option to renew.
BASE RENT: $14,200
CONCEPT: New American Restaurant & Cocktail Bar
SIZE: 1300 sq ft + 2 basements
SEATS: 64 inside 14 outside
HOURS: Open 11a-2a Mon-Sat, Open 11a-9p Sun
LICENSES: Full Liquor License
SALES: $922,662 in 2024
CASH FLOW: $74,115 SDE

ASKING PRICE: $349,000 (For the Business Assets)
About the Business
Real Estate
Owned or Leased
Leased
Listing Info
ID
2329231
Listing Views
995

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Business Listed by: Todd Smith Corbett Restaurant Group

Listing ID: 2329231 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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