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Michelin-Starred Restaurant

New York Food Services 11-25 employees

About this business

This is a rare opportunity to acquire a Michelin-starred restaurant located in New York County. The restaurant is renowned for its innovative nine-course tasting menu, which redefines royal cuisine and street food by integrating modern culinary techniques with seasonal, locally-sourced ingredients. The business demonstrates a strong financial track record, generating annual sales of $5 million with cash flow of $830,000. It has consistently demonstrated impressive year-over-year growth and is positioned as a premier dining destination in one of the area's most vibrant neighborhoods. The restaurant currently operates with 8 full-time and 7 part-time staff members.

Financial overview

Gross Revenue $5M
SDE $830K
EBITDA Not disclosed
Fixed Assets Not disclosed
SDE Multiple 2.39×
Revenue Multiple 0.40×
SDE Margin 16.6%
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Location

New York

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Asking Price $1,985,000