Description

Legendary Lower Manhattan Burger Joint – Established Since the 1980s

Asking Price: $350000

A rare opportunity to own a true Manhattan institution. This iconic 800 sq ft burger restaurant has been serving up classic American fare since the 1980s and has been under the same dedicated ownership since 2007. Located in one of Lower Manhattan’s hottest and most densely populated neighborhoods, this beloved burger spot is known for its loyal customer base, nostalgic vibe, and steady cash flow.

With gross sales of $1.3 million and owner’s net profit of $240,000, this business offers both stability and upside potential. The rent is $16,500/month with 6 years remaining on the lease, and the property includes a full basement for storage and prep space.

Highlights:

• Long-established name with strong brand recognition

• Prime Lower Manhattan location

• Fully equipped kitchen and vented hood system

• Consistent sales and solid profitability

• Turnkey operation with trained staff in place

• Full basement for storage and expansion of operations

Opportunities for Growth:

• Refresh the interior to align with current trends while maintaining its classic charm

• Invest in marketing and social media to attract a broader and younger audience

• Expand menu or hours to capture additional revenue streams

Whether you're an experienced operator looking to expand or an entrepreneur seeking a high-traffic, proven concept in NYC, this is your chance to own a piece of New York burger history.

Inquire today — opportunities like this don’t come around often.