Two New York Turnkey Coffee Kiosk Franchises for Sale
New York, New York
1Active Listings
$183KAvg Asking Price
2Sold
New York City Restaurants for Sale
There are more than 27,000 restaurant and foodservice locations operating in New York City, generating an estimated $50 billion in annual sales. More than 300,000 people are employed in New York City's restaurant and foodservice industry, making hospitality one of the city's largest private-sector employers. From neighborhood cafés and independent restaurants to Michelin-starred establishments, food halls, and national franchise brands, restaurants are a vital part of New York City's economy and culture.
New York City restaurants for sale are something many buyers explore due to the city's unmatched population density, global tourism industry, and world-renowned dining scene. The five boroughs attract tens of millions of visitors each year while serving more than 8 million residents. From Manhattan and Brooklyn to Queens, The Bronx, and Staten Island, restaurants benefit from a diverse customer base and demand for virtually every cuisine and dining concept.
It's no wonder those buying a business flock to New York City restaurants for sale offered by Restaurant Brokers. Restaurants are an influential part of New York City's economy. The city's position as a global business, tourism, entertainment, and cultural center creates opportunities for restaurant owners across every segment of the industry, from quick-service concepts to upscale dining destinations.
Resources for Buying New York City Restaurants for Sale
Buying a New York City Restaurant for Sale is a team sport and you may need all kinds of help. Our Restaurant Broker© team has plenty of resources and aid for you. Here’s a starting point for the most common requests:
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Two Coffee Shops for Sale for the Price of one! New York Locations
New York, New York
Equipped East Village New York City Restaurant for Sale for Under $100K
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Frequently Asked Questions
Frequently Asked Questions: New York City Restaurants for Sale
What is the average price of a restaurant for sale in New York City? Independent restaurants typically list between $75,000 and $750,000. Established restaurants in prime locations and high-volume franchise operations can sell for more than $1 million.
Can I buy a New York City restaurant with an SBA loan? Yes. Many New York City restaurant acquisitions qualify for SBA 7(a) financing. We Sell Restaurants can connect buyers with experienced restaurant lenders.
How long does it take to sell a restaurant in New York City? Most sales close within 3 to 9 months. Strong financial records, favorable lease terms, and qualified buyers help transactions move faster.
What is my New York City restaurant worth? A Certified Restaurant Broker can provide an opinion of value that will include comparable pricing. He or she is a market specialist that can adjust for location, lease terms, equipment condition, sales trends, and profitability.
How do I sell my restaurant in New York City? Start with a free valuation from a Certified Restaurant Broker. We handle confidential marketing, buyer qualification, negotiations, and transaction management.
What licenses do I need to take over a restaurant in New York City? Generally a Food Service Establishment Permit, Certified Food Protection Manager certification, Certificate of Authority for sales tax collection, Certificate of Occupancy, and any applicable city permits. Additional licenses are required for alcohol sales.
Do I need a broker to buy or sell a restaurant in New York City? Not legally, but a Certified Restaurant Broker helps maintain confidentiality, qualify buyers, manage due diligence, and guide the transaction from listing to closing.
