Excellent Korean Restaurant Business for Sale in Chelsea, NY

Asking Price$1,380,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Excellent Korean Restaurant Business for Sale in Chelsea, NY


Asking Price$1,380,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Location! Location! Location! Business for Sale: A renowned, uniquely designed 5-star restaurant in the heart of Chelsea, Manhattan on 7th Avenue. Fully renovated just 2 years ago with stunning modern interiors, this property offers 3,816 sq.ft. on the 1st and 2nd floors, plus a 1,781 sq.ft. basement with elevator access, walk-in cooler/freezer, and full equipment. Features include front window service, a full commercial kitchen, bar area, and a beautifully designed dining space with 98 seats. The restaurant comes with a 20-year lease (18 years remaining) at rent and property tax far below market value, offering an ROI in just 1 year and 7 months. Prime visibility with wide glass frontage near Penn Station and multiple subway lines makes this an exceptional investment opportunity.
About the Business
Facilities & Assets
Location! Location! Location! Business for Sale: A renowned, uniquely designed 5-star restaurant in the heart of Chelsea, Manhattan on 7th Avenue. Fully renovated just 2 years ago with stunning modern interiors, this property offers 3,816 sq.ft. on the 1st and 2nd floors, plus a 1,781 sq.ft. basement with elevator access, walk-in cooler/freezer, and full equipment. Features include front window service, a full commercial kitchen, bar area, and a beautifully designed dining space with 98 seats. The restaurant comes with a 20-year lease (18 years remaining
Market Outlook / Competition
Prime visibility with wide glass frontage near Penn Station and multiple subway lines makes this an exceptional investment opportunity.
Real Estate
Owned or Leased
Leased
Listing Info
ID
2421307
Listing Views
66
Business Location

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Business Listed by: Fei Guo Skylux Realty

Listing ID: 2421307 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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