Prime Korea town Restaurant looking $7.5M Revenue on 32nd St NYC - Business for Sale
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Korean BBQ Restaurant in Koreatown Manhattan
New York, NY, US
Added 2 months ago
Korean BBQ Restaurant
8 years in business
Absentee / Semi-Absentee
Korean BBQ restaurant established in 2018 and located on 32nd Street in Manhattan's Koreatown, offering dine-in service in a 7,000 square foot space and recognized with multiple industry awards.
Key Information
Asking
$3.8M
Revenue
$7.5M
Earnings
$850K
Multiple
4.5x
Key Highlights
- Korean BBQ restaurant located on 32nd Street in Manhattan's Koreatown
- Established in 2018
- Restaurant size is 7,000 square feet
- FF&E (furniture, fixtures, and equipment) valued at $5,000,000
- Lease rate is $65,000 per month, with lease secured through December 1, 2036
- Seller financing is available and owner is open to partnership or full acquisition
- Current owner is absentee and offers up to 12 months of transition support
Contact Info
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