Profitable Restaurant For Sale Eastside Manhattan Bistro - $800,000 Sales

Business Overview:

Beautifully Built Out, Furnished and Fully Equipped Profitable 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 cafe 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 $9100 per month. 2023 Annual revenue of $780,000 and $60,000 is 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 2023 were close to $800,000 generating earnings of $60,000. The current rent per the lease, which runs thru 2025 is $9100 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 OUTSIDESound system.Integrated Amplifier A 9010 ONKYO6 speakers BOSE2 LG, LSN307HV2, Standard Single Zone ACAIR PURIFIER AEROMAXKITCHENHOOD and 30Ft duck with extractor One electric griddle model EBB48 24 serial BBB48024 1509 0008Avantco AU 48R HC 48 in Undercounter RefrigeratorOne crepe machineCommercial Microwave Oven NE 2180 NE3280Half size Electric Convection Oven DC03 brand DOYONBARALARM SYSTEM REMOTE CONTROLBunn 43600.0002 H5X Element SST Stainless Steel Finish 5 Gallon 212 Degree Hot Water Dispenser 208VEverest Refrigeration ETBR2 47.5 Inch Two Section Back Mount Undercounter Refrigerator 14 Cubic Feet True TUC 48 HC 48 3/8 in Undercounter RefrigeratorBASEMENTSEC URITY SYSTEM MONITOR, 8 CAMERAS BERKEL SLICED MEAT BK45760HEAVY DUTY DEEP FRYER NEW WSF1000SERIES IB 09WC129931800 WATT INDOCTION RANGE MODEL ICBTM20ICE MACHINE ICE O MATIC Model number ICE0250FA6.VERTICAL COOLER T SERIES INSKITCHEN AID Hand Blender KHB1231Blender brand: NINJA BL 660PRINTER HP Office Jet Pro, 8020e seriesFreezer upright brand:MIDEA18 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 us

Reason for Selling:

New Career

Additional Details:

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