High-volume NYC Waterfront Restaurant In Busy Area For Sale

Description

Waterfront restaurant in New York City with marina access and outdoor seating.

The restaurant has been under the same ownership for more than 25 years. The business may be purchased with the real estate, while a lease or business-only structure is also mentioned by the seller.

Financials

• Gross income: approximately $6.5 million
• Full business and property asking price: $7,000,000
• Estimated income stated for the alternative structure: approximately $300,000
• Property taxes: $19,353

Property

• Building area: approximately 4,000 sq ft
• Plot size: 45,000 stated; unit not provided
• Zoning: C3
• Outdoor seating
• Marina access

Customers and Operations

• Existing customer base stated
• Current management team in place
• Waterfront restaurant operation

Purchase Structure

• Business and real estate offered together for $7,000,000
• Restaurant also stated as available for lease or sale
• NNN lease structure stated
• Key money stated as part of the lease option

Additional Details

• Net profit: not provided
• Rent under the lease option: not provided
• Employee count: not provided
• Exact NYC location: not provided