Gastropub for Sale
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ESTABLISHED GASTROPUB FOR SALE - PRIME BRONX LOCATION
This thriving gastropub presents an exceptional opportunity in the heart of Riverdale, Bronx. Established in 2017, Tortoise & Hare has built a strong reputation and loyal customer base over nine successful years of operation.
BUSINESS OVERVIEW:
- Annual Revenue: $702,802
- Asking Price: $175,000 (includes $20,000 inventory)
- FF&E Value: $79,000
- Turn-key operation with all recipes included
PRIME LOCATION ADVANTAGES:
- Directly across from Van Cortlandt Park in desirable Riverdale section
- Only gastropub on Broadway between West 238th and West 262nd Streets
- Excellent transportation access: NYC Subway Line #1 (4-minute walk), Bx9 bus line, Bee-Line Bus Route 1
- High foot traffic from numerous apartment buildings along Broadway
- Traffic light location ensures visibility
FACILITY FEATURES:
- 2,705 sq ft space with attractive layout
- Full bar seating for 14, table seating for 40
- Elegant foyer entrance with French doors opening onto Broadway
- Upstairs storage room and office
- Walk-in refrigerator with keg and food storage
- Beautiful venue design
REVENUE STREAMS:
- Extensive cocktail menu and diverse gastropub cuisine
- Weekend brunch service (Saturday/Sunday)
- Third-party delivery through Uber Eats and Grub Hub
- Community-focused clientele
GROWTH POTENTIAL:
- Active community engagement with Van Cortlandt Park organizations
- Proximity to Manhattan University and University of Mt. St. Vincent
- New housing development with 336 units completing late 2027
- Park hosts local, state, and national events 9 months yearly
- Recently constructed housing and co-ops in area
LEASE TERMS:
- Monthly rent: $5,150
- Lease expires: December 31, 2031
- Landlord deposit: $10,600 required upon execution
OWNER SUPPORT:
- Two weeks training and support included
- Owner relocating to Ireland after successful run
This established gastropub offers strong financials, prime location, and significant growth opportunities in a developing neighborhood. Perfect for an experienced operator seeking a profitable hospitality business with community ties and expansion potential.
This thriving gastropub presents an exceptional opportunity in the heart of Riverdale, Bronx. Established in 2017, Tortoise & Hare has built a strong reputation and loyal customer base over nine successful years of operation.
BUSINESS OVERVIEW:
- Annual Revenue: $702,802
- Asking Price: $175,000 (includes $20,000 inventory)
- FF&E Value: $79,000
- Turn-key operation with all recipes included
PRIME LOCATION ADVANTAGES:
- Directly across from Van Cortlandt Park in desirable Riverdale section
- Only gastropub on Broadway between West 238th and West 262nd Streets
- Excellent transportation access: NYC Subway Line #1 (4-minute walk), Bx9 bus line, Bee-Line Bus Route 1
- High foot traffic from numerous apartment buildings along Broadway
- Traffic light location ensures visibility
FACILITY FEATURES:
- 2,705 sq ft space with attractive layout
- Full bar seating for 14, table seating for 40
- Elegant foyer entrance with French doors opening onto Broadway
- Upstairs storage room and office
- Walk-in refrigerator with keg and food storage
- Beautiful venue design
REVENUE STREAMS:
- Extensive cocktail menu and diverse gastropub cuisine
- Weekend brunch service (Saturday/Sunday)
- Third-party delivery through Uber Eats and Grub Hub
- Community-focused clientele
GROWTH POTENTIAL:
- Active community engagement with Van Cortlandt Park organizations
- Proximity to Manhattan University and University of Mt. St. Vincent
- New housing development with 336 units completing late 2027
- Park hosts local, state, and national events 9 months yearly
- Recently constructed housing and co-ops in area
LEASE TERMS:
- Monthly rent: $5,150
- Lease expires: December 31, 2031
- Landlord deposit: $10,600 required upon execution
OWNER SUPPORT:
- Two weeks training and support included
- Owner relocating to Ireland after successful run
This established gastropub offers strong financials, prime location, and significant growth opportunities in a developing neighborhood. Perfect for an experienced operator seeking a profitable hospitality business with community ties and expansion potential.
About the Business
- Years in Operation
- 8
- Employees
- 11 (2 Full-time, 9 Part-time)
Amazing team in place. - Currently Home Based
- Yes
- Facilities & Assets
- Furniture and fixtures are all included in the asking price. There are six years remaining on the lease. NYS Liquor License active, expires 6/1/2027. Certificate of Occupancy, 78. Built Out Kitchen, includes a brand new stove and salamander purchased July 2025. Deep fryer purchased December 2024. HVAC system, AC and Heating purchased 2017 for $25,000 and has been under a maintenance contract.
- Website
- https://tortoiseharenyc.com
- Market Outlook / Competition
- Turn key operation. All inventory and receipes are included in the sale. Business located directly across from Van Cortlandt Park in the Bronx. Tortoise & Hare is the only gastropub located on Broadway between West 238th Street and West 262nd Street.
- Opportunities for Growth
- Community based business, active in social and athletic groups linked with Van Cortlandt Park, such as Van Cortland Park Alliance, Van Cortlant Park Running Club, amongst many others. Two Universities in the community, Mahanhattan University within walking distance, and the University of Mt. St. Vincent.
Third Party network transaction, i.e., Uber Eats & Grub Hub provide additional revenue.
Newly constructed housing and co-ops have been built over the past few years and another housing project with 336 units is due to be completed in late 2027.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,705
- Rent
- $5,150.00 per month
- Lease Expiration
- 12/31/2031
About the Sale
- Seller Motivation
- Wants to spend more time with family in Ireland after a successful nine year run
- Transition Support
- Two weeks support and training for new owner, included in asking price.
- Financing Options
- N/A. Deposit of $10,600 to be paid directly to landlord upon execution of lease.
Listing Info
- ID
- 2452556
- Listing Views
Business Location
Listing ID: 2452556 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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