Must-Sell: Prime Restaurant Location in NYC
New York County, NY

Financing: $59,000.00 Down and The seller may be willing to offer up to $20K in financing over 24 months at 6%.

Reason for Selling:Consolidating his business affairs. Lives in Miami, FL most of the time.

This much beloved Mediterranean Bistro was recently closed. Previously asking as much as $175K when operational, you now have the opportunity to acquire this prime location with a way below market rent and all its furniture, fixtures, and equipment for just $79K with only $59K down and the balance in seller financing. The seller deftly negotiated the rent down from $4,000/mo. to just $2,200/mo. during the worst phase of the pandemic.That's a savings of $260K over the remaining 12 years left on the lease. Of course, you can put your own concept into this space or stick with the Mediterranean one. There is a lot of delivery app business to be had there, too, especially given that it is located a couple of blocks either way from two major hospital systems. Please email the listing broker, Jay Goldman, at jaygoldman@vestedbb.com or call 917-912-3282 to make an appointment, meet with the seller to get a full tour of the facilities and ask some questions.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.