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Well Equipped East Village New York City Restaurant for Sale

Beautifully Built Out, Furnished and Fully Equipped Restaurant For Sale in the Heart of the East Village in New York City near Tompkins Square Park.  If you are looking to open up a restaurant or cafe in this highly sought after area, it is faster and cost effective to take over this existing location and lease.  Manageable 700 square foot restaurant can seat up to 27 with plans to build outdoor seating for additional 12 guests.

2021 is the year that everyone wants to get back outside and into a more normal and social routine.  What better time to own a Cafe, Bistro, Wine Bar, or Restaurant For Sale in the East Village.  The East Village 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 is only three years young so all of the equipment, furniture, and decor is in ideal condition and ready for your offer with We Sell Restaurants.  The owners spared no expense when building out this beautiful restaurant.  There's an inviting bar area equipped with refrigerator, ice bin, sink, wine fridge, and high end coffee maker with grinder. The table seating is quaint with Vermont sourced walnut table tops, and a semi-open kitchen area equipped with a Viking professional 6-burner induction stove,  Rational oven, salamander, freezer, refrigerator, slicer, heat lamps, and even a walk-in fridge.

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, 2019 revenue was around $500,000 and in 2020, even with the impact of Covid, sales were $300,000.  The current rent per the lease, which runs all the way into 2025 is $6000 per month, however the landlord has been discounting the rent for the current tenant.  The owners are taking their concept to a new location and this spot is perfect for the next great cafe, bistro, or restaurant concept.  Contact your restaurant broker at We Sell restaurants to learn more.

Please click on the tab below to easily acknowledge confidentiality on this Restaurant For Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Steve Weinbaum at (770) 714-4552

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Listing

  • Listing#: 8131
  • Price: $149000

Lease Term: ,

Monthly Rent: $6000,

Indoor Seating: 27

Inside Sq. Ft: 700 | ,

Hood System: Yes

Hours Open: 5pm - 12am

# of Part-Time Employees: 1

# of Full-Time Employees: 5

Net Sales: $500000.00

Owner Benefit: $78000

Features

  • Beautiful East Village New York City Restaurant
  • Perfect Location for a Bistro, Cafe, or Your Restaurant Concept
  • 700 square feet with bar and table seating for 27
  • Outdoor Seating Capability for Additional 12
  • Current lease rate of $6000
  • Only 3 years old
  • Restaurant for Sale