Iconic NYC Hotel Restaurant and Coffee Shop
Financial Details
- Asking Price:
- $4,000,000
- Annual Revenue:
- $5,000,000
- Cash Flow / SDE:
- $100,000
- Profit Metric:
- SDE
- Valuation Multiple:
- 40.0x
- Location:
- New York, NY, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a unique opportunity to acquire an iconic, high-volume restaurant and coffee shop located within a major mid-town NYC hotel. Established in 1982 and recently renovated, this establishment boasts 147 seats and 10 bar stools, serving breakfast, lunch, and dinner with a full bar. Its prime ground-floor location adjacent to the hotel lobby, combined with a dedicated street-level entrance on a busy corner, ensures significant walk-in traffic from hotel guests, tourists, and locals. The restaurant plays a crucial role for the hotel, providing room service and liquor to over 900 rooms, handling hotel banquets and catering, and serving meals for the main hotel bar. In the evenings, it transforms into an upscale bistro. The business benefits from a long-term lease with the hotel, expiring in 2027. The owner is selling due to retirement. Note: The owner is not offering training/assistance, and this is not a franchise resale.
Industry Information
- Industry Description:
- Restaurants & Food
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 1982
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Leased
- Lease Expiration:
- 2027
Listing Details
- Listing ID:
- 7f11f0c7-15f0-4be6-96ac-515553043efb
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- USD