Iconic NYC Hotel Restaurant and Coffee Shop

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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

Prime Midtown NYC hotel location with high foot traffic and dedicated street entrance.
Established 1982, high-volume operation serving breakfast, lunch, dinner, and bar service, including room service and catering for a 900+ room hotel.
Long-term lease in place until 2027, recently renovated, offering a prime opportunity in an iconic city.

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

Features & Tags

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