3471vm Union Square Restaurant
New York, New York
| Asking Price: |
Gross: |
Cash Flow: |
| $160,000 |
Undisclosed |
Undisclosed |
Furniture and Fixtures Value:
$60,000 (included in the asking price)
Business Summary:
Union Square - An area available in Union Square. Not only is this 1,000 sq. ft rental with basement available ($11,300 sq. ft. rental with basement available ($11,300 month rent). At $135.0 per sq. foot area. Rate for Union Square is $230.00 per sq. foot which significantly is less for esteamed area. Former site of highly successful restaurant. 26 seats plus great kitchen. 5.5 years left on lease. Within this period owner can save over $500,000 in rental expenses. Renewal would not go up much because of it's smaller size. Any owner with culinary experience has to make this small desirious site, an operating giant with this location.
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| Year
Business was Established: 2003 |
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| Facilities / Terms of Lease:
1,000 sq. ft. with basement. Located on union square 5.5 years left on lease. Way below. Rental rules in area. |
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| Potential
Growth/Expansion:
Everything up to new ownership. Create an impulse menu which can be different and dynamic for this coveted area. |
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| Competition:
Entire area of union square is highly coveted for any enterprise and a great many are fantastically successful. |
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| Owner
willing to finance:
Owner wants all cash |
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| Reason for selling:
owner moving to larger location |
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| REQUEST MORE INFO |
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