Diner / Restaurant New York City – Manhattan’s Iconic Corner
Price: $1,080,000
Location: New York, New York
Industry: Food and Restaurants
Listing ID: 00926
Fully remodeled ,beautiful full service diner restaurant located on a corner of a desired neighborhood of Manhattan.
Family owned for over 20 years. Modern vast menu.3700 sqf ,160 seats.Free wifi for the patron’s use.
2500 sqf of basement space,Walk in freezer,2 walk in refrigerators.2 kitchens,exahust system ,A/C ,office.
Full time chef and a well trained crew.Deliveries done by 3rd party and own employees.Management in place.
Listing Details
Down Payment: $800,000
Gross Revenue: $2,550,000
Cash Flow: $350,000
FFE: $250,000 (Included in Price)
Inventory: $20,000
Reason For Sale:
Other interests.
Training & Support:
Available.
Operation
Year Established: 1988
Year of Last Acquisition: 1997
Days & Hours of Operation: 7
Owner Hours Per Week: 40
Non-Owner Payroll: $11,700
Employees: 34
Managers: 1
Location
Security on Lease: 100000
Lease Option: Yes
Monthly Rent: $ 28,500
Type of Location: Commercial
Square Footage: 6000