Profitable High Volume NYC Hotel Restaurant with Exclusive Contract

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Financial Details

Asking Price:
$6,000,000
Annual Revenue:
$5,000,000
Cash Flow / SDE:
$100,000
Profit Metric:
SDE
Valuation Multiple:
60.0x
Location:
New York, NY, US
Source:
Date:
September 15, 2025

Key Highlights

Prime mid-town NYC hotel location with high walk-in traffic.
Exclusive, long-term contract with a major hotel for room service, banquets, and bar operations.
Newly renovated, high-volume operation serving breakfast, lunch, dinner, and drinks.

Description

This is a profitable, high-volume, and well-known restaurant located in a major hotel in mid-town New York City. Newly renovated, it serves breakfast, lunch, and dinner, complete with a bar. The business benefits from an exclusive, long-term contract with the hotel, expiring in 2027, which includes providing room service to over 900 hotel rooms, handling hotel banquets and catering, serving guests with hotel vouchers, and supplying food for the main hotel bar. Its street-level corner location in a busy commercial neighborhood also drives significant walk-in traffic. For dinner, the restaurant transforms into a bistro offering upscale cuisine to both hotel guests and locals. The property is leased, and the business is not a franchise resale. The owner is selling due to retirement and moving out of the country.

Industry Information

Industry Description:
Restaurant and Food Service within a Major Hotel
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
1996
Reason for Selling:
Retirement/Moving Out of Country

Real Estate & Lease

Status:
Leased
Lease Expiration:
2027

Listing Details

Listing ID:
1ed63774-9815-4c95-9494-af08b1bdac08
Deal Status:
For Sale
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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