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$ 350,000
Est. payment | /mo
1,975 SqFt
$ 350,000
Est. payment | /mo
1,975 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,975 sqft
Price per Sqft $177
MLS Listing ID 11676602
Annual Tax Amount $3,000
Property Description
Authentic Shanghai Restaurant for Sale - Upper West Side, Manhattan Rare opportunity to acquire an established authentic Shanghai restaurant in the Upper West Side. Founded in 2019, the business has developed a strong presence in the neighborhood and is known for its comforting, traditional Shanghai cuisine. Strategically located in a high foot traffic area, the restaurant benefits from strong visibility and limited nearby competition, with the closest comparable competitor approximately 10 blocks away. Business Overview • Annual gross revenue: $2.5 million • Approximately 1,975 sq ft ground-floor restaurant space • Additional 1,900 sq ft basement storage area • Fully operational with established systems and procedures in place • Open 7 days per week • Revenue streams include lunch service, catering, and delivery • Fully equipped kitchen This is a turnkey acquisition opportunity for restaurateurs, owner-operators, or investors seeking a well-established dining business in a prime Manhattan location.
Location
State NY
County 36061
Rooms
Basement Full
Dining Room 0
Kitchen 0
NEARBY SCHOOL & BUSINESS