West village restaurant
Business Description
Established Mediterranean Restaurant - West Village, New York
This well-established Mediterranean restaurant presents an exceptional opportunity in one of Manhattan's most desirable neighborhoods. Located in the prestigious West Village, this thriving establishment has built a strong reputation and loyal customer base over its years of operation.
Financial Overview:
- Annual Revenue: $1,450,000
- Asking Price: $850,000
- Revenue Multiple: 0.59x (highly attractive for restaurant industry)
- Monthly Lease: $13,000
- Lease Term: Secured through August 2031
Property Details:
- Prime West Village location in New York County
- 650 square feet of restaurant space
- Leased premises with favorable long-term security
- Inventory valued at $85,000 included in purchase price
Business Strengths:
- Established customer base with strong local recognition
- Proven revenue track record demonstrating operational success
- Strategic location in high-traffic West Village area
- Mediterranean cuisine appeals to diverse customer demographics
- Strong revenue-to-asking price ratio indicates excellent value proposition
This turnkey operation offers an ideal entry point for experienced restaurateurs or investors seeking to acquire a profitable, well-positioned restaurant in one of New York City's most coveted dining destinations. The combination of strong financial performance, prime location, and established brand recognition creates significant value for the right buyer.
The restaurant benefits from the West Village's year-round foot traffic, including both local residents and tourists, providing multiple revenue streams and growth opportunities.
This well-established Mediterranean restaurant presents an exceptional opportunity in one of Manhattan's most desirable neighborhoods. Located in the prestigious West Village, this thriving establishment has built a strong reputation and loyal customer base over its years of operation.
Financial Overview:
- Annual Revenue: $1,450,000
- Asking Price: $850,000
- Revenue Multiple: 0.59x (highly attractive for restaurant industry)
- Monthly Lease: $13,000
- Lease Term: Secured through August 2031
Property Details:
- Prime West Village location in New York County
- 650 square feet of restaurant space
- Leased premises with favorable long-term security
- Inventory valued at $85,000 included in purchase price
Business Strengths:
- Established customer base with strong local recognition
- Proven revenue track record demonstrating operational success
- Strategic location in high-traffic West Village area
- Mediterranean cuisine appeals to diverse customer demographics
- Strong revenue-to-asking price ratio indicates excellent value proposition
This turnkey operation offers an ideal entry point for experienced restaurateurs or investors seeking to acquire a profitable, well-positioned restaurant in one of New York City's most coveted dining destinations. The combination of strong financial performance, prime location, and established brand recognition creates significant value for the right buyer.
The restaurant benefits from the West Village's year-round foot traffic, including both local residents and tourists, providing multiple revenue streams and growth opportunities.
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 650
- Rent
- $13,000.00 per month
- Lease Expiration
- 8/14/2031
Listing Info
- ID
- 2518103
- Listing Views
Business Location
Listing ID: 2518103 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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