Standalone Bar & Restaurant for sale in NY - Business for Sale
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Standalone Bar and Restaurant in Manhattan, NY
New York, NY, US
Added 6 days ago
Food & Beverage, Entertainment, Leisure, & Recreation, Retail Stores
0 years in business
RemoteAbsentee / Semi-Absentee
Standalone bar and restaurant with a fully renovated facility and optional real estate purchase located in Manhattan, New York.
Key Information
Asking
$450K
Revenue
$1.0M
Earnings
$176K
Multiple
2.5x
Key Highlights
- 2,400 SF main restaurant with outdoor patio and separate 30’ x 20’ unused building
- Complete gut renovation completed in 2023 (new plumbing, HVAC, electrical, kitchen, floors, ceilings, walls)
- 12.5 years remaining on lease at $8,700/month (NNN)
- Option to purchase property for $1,300,000
- Current owner is largely absentee (10–12 hours/week)
- Business is fully staffed, including 2 cooks
Contact Info
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