Turn-Key Midtown Restaurant – Rare Opportunity, Built & Profitable
In the restaurant game, time is money — and this deal saves you both.
For $000,000 key money, you’re walking into a fully operational, revenue-generating Midtown restaurant with a 7+ -year below-market lease — not an empty shell, not a headache, not a gamble.
Current Performance:
Annual Revenue: $$$$,000 – $$$$,000 (operating only 5 PM – 1 AM daily)
Monthly Overhead: $$$,000 – $$,000 (all expenses included)
Marketing: Zero — meaning massive untapped growth potential
Upside Potential:
Earlier Hours: Opening at 11 AM could add $50K–$100K annually
Advertising & Social Media: No current marketing strategy in place
Additional Revenue Streams: Catering, private events, delivery partnerships
Why This is Smarter Than a Shell Space:
Opening a new restaurant from an empty shell can cost $500K – $1M+, take 12–18 months to permit, build, and pass inspections — with zero revenue during that time. This opportunity skips:
City Permits & Red Tape – Already licensed and operating
Build-Out Costs – Dining area and full commercial kitchen already in place
FF&E Investment – All furniture, fixtures, and equipment included
Staff Training & Menu Development – Proven operations already running
Flexibility for Your Vision:
Whether you’re an existing operator looking to expand, relocate, or launch a new concept — this space is a fully built-out canvas. There are no restrictions on your build-out, branding, or menu. You can keep the current setup and grow it, or completely reimagine the concept under your own name.
Bottom Line:
This business is already making money. At the current revenue level, your investment can be recovered in under 12 months. In Midtown, where rents are high and build-out timelines drag, this is a rare chance to buy time, revenue, location, and creative control — all at once.
Step in today, scale tomorrow.
Investor Q&A / FAQ
Q: Why is the business being sold?
A: The current owner is focusing on other ventures and is ready to pass the opportunity to someone who can maximize the space’s full potential.
Q: Is the restaurant currently profitable?
A: Yes. The business generates $$$K–$$$K annually, operating only 8 hours a day (5 PM – 1 AM), with low monthly overhead of $$$K–$18K.
Q: What’s included in the sale?
A: The sale includes:
Fully built-out dining space
Complete commercial kitchen with 16-ft vent hood and 1,000-gallon grease trap
All furniture, fixtures, and equipment (FF&E)
Private parking, street parking, and valet parking options
All required licenses and permits to operate immediately
Q: Are there restrictions on the concept, menu, or branding?
A: None. The space can be rebranded or remodeled for your own concept — whether it’s an expansion, relocation, or a new idea entirely.
Q: How much would it cost to build a similar restaurant from scratch?
A: $500K–$1M+ in Midtown, plus 12–18 months of permitting, build-out, inspections, and no revenue during that time.
Q: How soon can a new owner take over operations?
A: Immediately after closing. This is a true turn-key opportunity.
Q: What’s the lease term and rate?
A: 7 years remaining at $45 PSF base rent, plus $12 PSF triple net (NNN) — well below market for Midtown.
Q: What are the growth opportunities?
A: Expanding hours to open earlier in the day, launching marketing campaigns, adding catering/private events, and partnering with delivery platforms could significantly increase annual revenue.
Q: Is staff included?
A: The current team can remain in place if desired, providing operational continuity.
Q: Is financing available?
A: This is a cash purchase. Buyers can explore SBA loans or other private funding sources if needed.
Denzel Washington
Champions NextGen Real Estate
