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This successful Mediterranean Bistro, located in a trending section of Manhattan, closed its doors back in March 2020, when the Covid-19 pandemic struck NYC. The owner may yet re-open it, once the pandemic has passed. In the meantime, you now have the opportunity to purchase this gem with the knowledge that you will be inheriting a new great 15 year lease, which the seller recently negotiated down from $4,000/month to just $2,200/month. That's a saving of $1,800/month times 12 months/year times 15 years or $324,000 over the life of the lease. Had he had that lease over the last 12 months that the bistro was opened, he would have made approximately $100K during that span and that was with him being there only a day or two per week. If you are planning to be more hands-on, you should be able to make more than that once things have normalized. By the way, water is included in the lease at no cost. All of the furniture, fixtures, and equipment are still intact. And wait until you see the positive Yelp reviews! If you are new to Vested Business Brokers, please go to become a free registered buyer or premium member (to obtain the name & address. Kindly email Jay Goldman, the listing broker, at with preliminary questions and then to make an appointment to speak with the seller.
If interested, please contact the seller through the form on this page..
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Seller re-located to Miami,while business is closed.
Seller will train
175,000.00 Down & $100,000.00 at 6% over 24 months
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