Situated in the heart of NoMad / Flatiron, Manhattan, this established Modern Asian dining and cocktail bar presents an exceptional turnkey acquisition opportunity in one of New York City’s premier hospitality corridors. Just steps from Madison Square Park and surrounded by luxury hotels, office towers, and destination dining, the business benefits from consistent year-round foot traffic and a strong customer base.
Operating since 2023, the restaurant generated $1.63 million in POS-verified net sales during FY2025 with approximately $348,829 in Seller’s Discretionary Earnings (21.4% margin). The business has achieved four consecutive quarters of sales growth and continues to outperform the prior year.
The space features a fully built-out ground-floor dining room, cocktail bar, commercial kitchen, and an experienced front-of-house and kitchen team. With a full liquor license already in place and documented financial records through Toast POS, the business offers an efficient transition for a qualified operator.
- Proven financial performance: FY2025 produced $1.63M in net sales and $348,829 Seller’s Discretionary Earnings, with all revenue verified through Toast POS.
- Consistent growth: The business recorded four consecutive quarters of sequential growth during 2025, with Q4 sales increasing 24% over Q1, while 2026 continues to pace ahead of the previous year.
- Immediate upside potential: Currently operating as a dinner-only concept, the business offers significant expansion opportunities through brunch, weekday lunch, takeout, delivery, and additional private events.
- Finance-friendly operation: Approximately 99% of transactions are processed by card through Toast POS, providing clean, transparent, and fully documented financial records.
- Long-term lease security: Lease runs through November 30, 2033, providing operational stability with a long remaining lease term.
- Turnkey opportunity: The sale includes a fully built-out restaurant, experienced staff, established brand, private-events program, and ownership transition support.
Included in the Sale
- Fully built-out ground-floor restaurant and cocktail bar
- Complete commercial kitchen infrastructure
- Full liquor license
- Trained kitchen staff
- Experienced front-of-house team
- Toast POS system with documented financial records
- Established private-events business
- Brand that served more than 32,000 guests during FY2025
- Ownership training and reasonable transition support
- Existing operational systems and established business goodwill
