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Asking Price$4,000,000
Revenue$5,000,000 Established1982
Cash Flow$1,200,000 Employees20 full-time
FF&E$2,000,000 FranchiseNo
Inventory$10,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
NEWLY RENOVATED, HIGH VOLUME RESTAURANT WITH 147 SEATS AND 10 BAR STOOLS IN A MAJOR MID-TOWN NYC HOTEL SERVING BREAKFAST, LUNCH AND DINNER WITH BAR.

This restaurant has a long-term lease with the hotel both expiring in 2027.

This restaurant located adjacent to the lobby of the hotel on the ground floor provides room service and liquor to over 900 hotel rooms, performs hotel banquet & catering duties, serves guests meals and provide food for the main bar in the hotel.

In addition, this restaurant is the beneficiary of the high walk-in traffic it gets from being street level with its own dedicated entrance on a corner location of a busy commercial mid-town neighborhood.

For dinner this busy restaurant is transformed into a bistro serving upscale food to both hotel guests, NYC tourists and locals.
Facilities:Lease Expire: 2027-12-31 Lease Security: 100000 Monthly Rent: $ 41,925 Square Footage: 3000 Type of Location: Commercial Facilities: THE ONLY RESTAURANT IN A MAJOR HOTEL WITH ENTRANCES BOTH FROM THE STREET AND INSIDE THE HOTEL
Competition:LIMITED
Growth Potential:UNLIMITED
Training/Support:COMPLETE TRAINING AND SUPPORT but Purchaser must have restaurant management experience (see owner qualifications)
Seller Financing:NEGOTIABLE
Sale Reason:RETIREMENT
Ad #87041
Seller Reference #C3330701
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MEL LISITEN
LISITEN ASSOCIATES
212 661-4160
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