Prime Korea town Restaurant looking $7.5M Revenue on 32nd St NYC - Business for Sale
Request Information
The contact information for this deal is locked. If you wish to unlock this information, you need to upgrade to SMB Deal Hunter Pro.
🍖
Korean BBQ Restaurant in Koreatown Manhattan, NY
New York, NY, US
Added 1 month ago
Korean BBQ Restaurant
8 years in business
Absentee / Semi-Absentee
Korean BBQ restaurant established in 2018, located in Manhattan's Koreatown on 32nd Street, operating in the food and beverage industry in New York, NY.
Key Information
Asking
$3.5M
Revenue
$7.5M
Earnings
$850K
Multiple
4.1x
Key Highlights
- Restaurant established in 2018 and located on 32nd Street in Manhattan's Koreatown
- FF&E (furniture, fixtures, and equipment) valued at $5,000,000
- Restaurant occupies 7,000 square feet with a lease rate of $65,000 per month, secured through December 1, 2036
- Seller financing is available and owner is open to either full acquisition or partnership
- Current owner is absentee and willing to provide a 12-month training period or remain as a minority partner
Contact Info
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence