Midtown NYC Restaurant & Nightlife Destination For Sale - Business for Sale
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Midtown NYC Restaurant & Nightlife Venue
Manhattan, NY, US
Added 1 month ago
Restaurant and Nightlife Venue
A multi-million-dollar restaurant and nightlife venue located in Midtown Manhattan, NY, offering a high-energy dining and nightlife experience with diverse revenue streams.
Key Information
Asking
$1.5M
Revenue
$5.6M
Earnings
$1.0M
Multiple
1.4x
Key Highlights
- Net income of $1,040,000 annually.
- Rent is $720,000 annually, with a rent ratio of approximately 12.8%.
- Cash-on-cash return is over 100%, with a potential payback period of approximately 14 months.
- Located in a prime Midtown Manhattan hospitality corridor.
Contact Info
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