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ON-MARKET
KOREAN RESTAURANTS

Korean BBQ restaurant and Karaoke

New York, NY

$500K
Asking Price
$2.8M
Revenue
Cash Flow

Overview

Rare opportunity to acquire a well-established dining and entertainment destination in one of New York City's most sought-after commercial districts. This unique concept combines a highly popular interactive dining experience with private group entertainment, creating multiple revenue streams and a customer base that extends far beyond traditional restaurant traffic. Generating approximately $2.
8 million in annual revenue, the business benefits from nearly a decade of operating history, strong local brand recognition, repeat clientele, tourist traffic, corporate events, celebrations, and late-night demand. The venue occupies approximately 4,400 square feet and features a fully built-out operation with substantial infrastructure already in place, representing a significant barrier to entry for competitors. Key Highlights: entertainment corporate partnerships The business is ideally suited for an experienced restaurateur, hospitality group, entertainment operator, or entrepreneur seeking an established platform with proven demand and clear operational upside.
The current ownership is seeking retirement, creating an opportunity for a new owner to capitalize on existing momentum while implementing additional growth initiatives. Opportunities of this scale, location quality, and asking-price-to-revenue ratio are exceptionally rare in the NYC hospitality market. Qualified buyers only.
NDA required for additional details.
  • Approximately $2.8M+ annual revenue
  • Prime high-traffic Manhattan location
  • Established since 2016
  • Long-term lease in place through 2031
  • Multiple revenue streams including dining, private rooms, group events, and
  • Fully equipped, turnkey operation
  • Significant asset base and build-out included
  • Strong online presence and customer awareness
  • Difficult-to-replicate concept and facility configuration
  • Growth opportunities through events, digital marketing, yield management, and

Key Details

Year Established2016
StateNY
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