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- RE: Profitable Bar For Sale Eastside Manhattan Bistro - $765,000 Sales
- Contact: Steve And Cyndi Weinbaum
Quick Facts
Asking Price: | $149,000 | |
Annual Revenue: | $765,601 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $42,435 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 8 | |
BBN Listing #: | 984046 | |
Broker Reference #: | 12960 |
Business Overview:
Beautifully Built Out, Furnished and Fully Equipped Profitable Bar and Restaurant for Sale in the Heart of the Lower East Side in New York City. If you are looking to take over the existing concept or open a new restaurant or Bar in this highly sought after area, it is faster and cost effective to take over this existing location and lease. Manageable 870 square foot restaurant can seat up to 50 guests inside and out. Going on their 10th year of operation with an all in rent of $9300 per month. 2024 Annual revenue of $765,000 and $42,000 in Owner Earnings.There is no better time to own this Restaurant for Sale in Manhattan and no better area than the Lower Eastside which is known for its happening nightlife. Old-school bars, music venues, and performance spaces share the streets with posh cocktail lounges and hip restaurants. Daytime sees a more laid-back crowd browsing boutiques, vintage shops and dining at casual cafes. Residents, Visitors, and Businesses line the streets guaranteeing tons of continuous patron traffic.This beautiful and well located Restaurant for Sale offered by We Sell Restaurants has a beautiful and inviting bar-like atmosphere and serves an array of craft cocktails, wines, tapas, salads, crepes, cheese plates and much more. The owners spared no expense when building out this beautiful restaurant. The fixtures and equipment included in the purchase price consists of Ice Maker, Hood, Griddle, Convection oven, Fryer, Induction Range, Bar equipment, refrigeration/freezers, alarm system, sound system and much more located on the main level and in the basement. You will also get the use of the name, social media, email, recipes and more...completely turn-key for a new owner or add/change your own concept to enhance the already strong customer flow.This Restaurant for Sale could easily cost more than the purchase price to build out and equip a restaurant of this quality. In addition to a turn-key location, annual sales in 2024 were $765,000 generating earnings of $42,000. The current rent per the lease is $9300 per month. The next owner will work with the Landlord on a new lease. After 10 years, the current owners have decided on a new career path and have this profitable Manhattan Bistro priced to sell. Contact your restaurant broker at We Sell restaurants to learn more.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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Property Features and Assets:
List of furniture, fixtures and equipmentFURNITURE and FIXTURES
46 wooden highchairs
3 tables butcher block wood style one six top one deuce and four top
Illuminati? 1 Light Mini Pendant
hanging lamps
11 Minka Lavery Florence Patina 1 Light Wallchiere Wall Sconce From The Salon Grand Collection
10 replicas of famous painters with frame and light
sconce table 40
ONE Minka Lavery Illuminati 2 Light Island Light Back bar
ONE 5 light Lavery Florence patina chandelier Window
4 bases of 12 LED tea lights
10 ROUND PLASTIC TABLES FOR OUTSIDE
20 FOLDABLE CHAIRS FOR OUTSIDE
Sound system.
Integrated Amplifier A 9010 ONKYO
6 speakers BOSE
2 LG, LSN307HV2, Standard Single Zone AC
AIR PURIFIER AEROMAX
KITCHEN
HOOD and 30Ft duck with extractor
One electric griddle model EBB48 24 serial BBB48024 1509 0008
Avantco AU 48R HC 48 in Undercounter Refrigerator
One crepe machine
Commercial Microwave Oven NE 2180 NE3280
Half size Electric Convection Oven DC03 brand DOYON
BAR
ALARM SYSTEM REMOTE CONTROL
Bunn 43600.0002 H5X Element SST Stainless Steel Finish 5 Gallon 212 Degree Hot Water Dispenser 208V
Everest Refrigeration ETBR2 47.5 Inch Two Section Back Mount Undercounter Refrigerator 14 Cubic Feet True TUC 48 HC 48 3/8 in Undercounter Refrigerator
BASEMENT
SEC URITY SYSTEM MONITOR, 8 CAMERAS
BERKEL SLICED MEAT BK45760
HEAVY DUTY DEEP FRYER NEW WSF1000SERIES IB 09WC12993
1800 WATT INDOCTION RANGE MODEL ICBTM20
ICE MACHINE ICE O MATIC Model number ICE0250FA6.
VERTICAL COOLER T SERIES INS
KITCHEN AID Hand Blender KHB1231
Blender brand: NINJA BL 660
PRINTER HP Office Jet Pro, 8020e series
Freezer upright brand:MIDEA
18 Tray Bottom Load Aluminum Trapezoidal Cafeteria Tray Rack
Channel T448A6 18 Tray Bottom Load Aluminum Cafeteria Tray Rack
Steelton 18 in x 29 in NSF Chrome 3 Shelf Kit with 64 in Posts
Steelton 24 in x 58 in (4ft) NSF Chrome 3 shelf Kit with 63 in Posts, wheels and Doors
Steelton 18 in x 47 in NSF Chrome 4 shelf Kit with 74 in Posts
Steelton 18 in x 5ft NSF Chrome 4 shelf kit with 74 in Posts
Steelton 18 in x 47 in NSF Chrome 4 shelft kit with 74 in Post
2 Steelton 18 in x 43 in NSF Chrome 4 shelft kit with 74 in Post
Steelton 18 in x 29 in NSF Chrome 4 Shelf Kit with 64 in Posts
Market Competition and Expansion:
The neighborhood is affluent, possibility to extend and take over the space next to usReason for Selling:
New CareerAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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