Buy a Business · New York

Buy a business in New York — the right way

If you want to acquire a New York business, what you need is access to verified opportunities, the right ownership and financing structure, and a buyer-side advisor who knows where deals collapse and how to prevent it.

Verified financials on every mandate NDA signed before any details released Buyer-side DD support included
Speak to a New York buyer specialist

Tell us your sector, budget & location

We match you against current mandates — including off-market opportunities not listed publicly — and walk you through ownership and financing structure for your specific situation.

  • NDA required before full details are released
  • No obligation to proceed after the initial conversation
  • Response within 4 business hours
Speak to a specialist
Latest listing added

Café Group · Park Slope & Cobble Hill

3 locations, $450K net profit, asking $1.6M at 3.6× EBITDA. Off-market.

Net Profit/yr
$450K
Multiple
3.6×
Asking
$1.6M
Ask about this listing
New York sector price guide · 2026

What New York businesses actually sell for

Asking prices and EBITDA multiples by sector, based on closed New York transactions 2023–2025. These are the numbers you need before you make an offer.

SectorEBITDA MultipleTypical Asking PriceKey Buyer ConsiderationTime to First LOI
F&B — Casual / Café
SoHo · Williamsburg · Astoria
2.5× – 3.8×$150K – $2MLease assignment clause & "good guy" guarantee are the #1 deal-breaker. Verify before LOI.30–45 days
F&B — Multi-location / Group
NYC-wide
3.0× – 5.0×$1M – $8MMultiple leases need individual assignment review. Does the brand live in the founder?45–75 days
Wellness · Spa & Fitness
Manhattan · Brooklyn
2.8× – 3.5×$200K – $1.5MMembership & instructor/therapist retention above 80% drive the premium.45–60 days
Beauty & Aesthetics
UES · Flatiron · Williamsburg
3.0× – 4.0×$300K – $2.5MMedical aesthetics attracts a higher multiple if a licensed physician stays on staff.45–75 days
Hospitality · Boutique Hotel
Manhattan · Hudson Valley · Hamptons
4.5× – 7.0×$2M – $30M+Freehold vs. long lease changes the multiple significantly. OTA diversification matters.60–90 days
E-commerce · Online Brand
Remote / NYC HQ
3.0× – 4.5×$400K – $5MRevenue concentration: if top 3 SKUs or channels are 60%+, discount accordingly.30–60 days
Education · Tutoring / School
Manhattan · Queens
2.8× – 3.8×$400K – $2.5MAccreditation status and student retention post-ownership change are the primary risks.60–90 days
Professional Services
FiDi · Midtown
2.0× – 3.5×$250K – $3MAre client contracts with the company or with named individuals? Portability determines value.75–120 days

EBITDA multiples are based on normalised EBITDA after owner-salary add-back. Total acquisition cost = (EBITDA × multiple) + key money + security deposit + inventory at cost. Understand how these multiples are derived →

Buyer intake process

How we match buyers to the right opportunity

We represent sellers with confidential mandates. Before we share listing details we qualify buyers — not for friction, but because the right match protects both sides. Typical duration: 5–7 business days.

01

Initial buyer conversation — 30 min

Sector preference, indicative budget, location priorities, and timeline. A no-obligation conversation to identify which current or forthcoming mandates fit.

02

NDA execution

Before any business name, location, or financials are shared, you sign a mutual NDA — it protects you as much as the seller. No NDA, no IM.

03

Capital verification (informal)

A brief statement of how the acquisition would be funded — cash, SBA loan, seller note, or equity partner. Not a formal proof-of-funds request.

04

Ownership & visa structure pre-check

We identify the right entity and, for international buyers, the correct visa route before you invest time in an opportunity you cannot legally close on.

05

Matched mandate access

The full Information Memorandum for matching mandates, with a summary of known issues (lease term, key-man, regulatory flags) so you decide before site visits.

Full Information Memorandum

20–40 page document with 3-year recast financials, growth narrative, lease summary, staffing overview, and known risk factors.

Verified EBITDA recast

We normalise seller financials with documented add-backs. You see the recast methodology, not just the headline number.

Off-market mandates

Sellers who choose not to list publicly. Qualified buyers in our network get exclusive access before these reach any platform.

Ownership & visa structure

The right structure for your situation

Foreign nationals can own 100% of almost any US business — the outcome depends on the entity, the visa route, and sector-specific licensing. Get this right before you make an offer.

Entity

LLC (flexible, pass-through), S-Corp (US persons only), or C-Corp (standard for foreign owners & outside investment). We match the entity to your tax residency and target sector.

Visa route

E-2 Treaty Investor (fast, treaty countries), L-1 (intra-company transfer), EB-5 (green card via investment), or O-1 for specific profiles. Aligned to your nationality and investment size.

Licensing

Some licenses carry residency or approval requirements (e.g. liquor / SLA). We confirm which buyers can legally acquire a given target before you commit time to it.

Undisclosed or "straw" ownership on a licensed business is a crime. Any advisor who tells you it's "how everyone does it" should be replaced. We structure ownership honestly and durably — message us and we'll map your optimal entity, visa route, and licensing path.
New York due diligence

What you must verify before any NYC acquisition

Generic checklists miss the New York-specific issues that kill deals at the final stage. These are the six areas that determine whether a transfer completes — red items are the most common deal-killers.

Financial

  • 3 years of accounts — reviewed/audited preferred
  • EBITDA recast: every add-back vs. bank statements
  • Cash vs. declared revenue reconciliation
  • Related-party transactions (rent, mgmt fees)
  • Outstanding creditors & accrued liabilities

Legal & Entity

  • Cap table & operating agreement match ownership
  • No pending litigation, liens, or UCC filings
  • No transfer restrictions or pre-emption rights
  • Undisclosed guarantees or encumbrances
  • Straw/undisclosed ownership flags on licenses

Lease & Property

  • Remaining lease term — under 2 years is a red flag
  • Assignment clause, not just landlord-consent
  • Rent vs. market rent (above-market lowers multiple)
  • Good-guy guarantee & security deposit terms
  • Written landlord consent before signing the APA

Regulatory & Licenses

  • Liquor license (SLA) — transferability & residency
  • DOH food service permit & grade history
  • Certificate of Occupancy matches use
  • Professional / sector licenses & renewal status
  • Employee work authorization (I-9) compliance

Key-Man & Staff

  • Which staff are business-critical vs. replaceable
  • Retention commitments for key staff in the APA
  • Employment agreements, non-competes, PTO accruals
  • Payroll tax & benefits compliance — no arrears
  • Seller non-compete & non-solicit

Tax

  • Federal, NY State & NYC filings current
  • Sales-tax bulk-sale notice (Form AU-196.10)
  • Payroll & withholding compliance
  • Stock vs. asset sale tax treatment
  • Tax clearance before completion

We prepare a target-specific due-diligence checklist for every qualified buyer — including which items to verify before LOI, and which issues are price-adjustable vs. deal-breakers.

Key-man risk

The New York SME risk buyers most often misprice

In New York's SME market the business and the owner are frequently the same thing — the chef whose name is the brand, the founder whose relationships are the revenue. Key-man risk is a spectrum: the question is not "is there a dependency?" but "how concentrated is it, and what is the appropriate price discount?"

Revenue in owner relationships

The owner's personal network is 40%+ of revenue. Genuinely at risk post-change.

0.5–1.5× multiple reduction

Founder-brand dependency

Reputation is built around the owner — menu, press, social all reference them.

12-month transition + brand license

Undocumented operations

Daily operations run in the owner's head — no SOPs, no management layer.

SOP documentation as condition
MechanismStandard termsWhen it applies
Seller transition period6–12 months post-close support at an agreed monthly rateAny business where owner revenue dependency exceeds 25%
Staff retention bonus poolHoldback of 5–10% of price, released if named staff stay 12 monthsWhere 3+ business-critical staff could leave at close
Earnout structureBase at close + deferred tied to revenue/EBITDA over 12–24 monthsWhere claimed EBITDA lacks 12 months of verified history
Non-compete covenantSeller restricted within a defined radius for 2–3 yearsNon-negotiable where seller brand/relationships are material
New York LOI terms

What to negotiate in the LOI — before exclusivity is granted

Once you grant exclusivity, your leverage disappears. Lock these terms in at LOI stage — before the seller has no competing offers to manage.

Purchase price & structure

Specify total consideration, timeline, and the split of cash at close vs. deferred. Earnout terms must be defined at LOI, not the APA — introducing an earnout later typically collapses the deal.

80–90% at close, 10–20% deferred

Exclusivity period

Gives you time to complete diligence without competing buyers. Don't agree to 60+ days without staged milestones — open-ended exclusivity lets the seller run the clock on a better offer.

30–45 days, milestone extensions

Conditions precedent

List every material condition that must be satisfied before completion: lease assignment consent, license transfer, regulatory approval. As CPs — not best-efforts — so you can walk cleanly if unresolved.

Each CP with an outside date

Due-diligence access

Define what the seller provides, in what timeframe and format. A data-room obligation with a response SLA prevents seller delays from running out the exclusivity clock.

Full data room within 5 business days

Break fee

A reverse break fee — payable if the seller withdraws without cause during exclusivity — compensates you for diligence costs and management time. Standard on larger deals.

Deals $2M+: 2–3% of price

Transition obligations

Define the seller's post-close duties: duration, hours per week, which staff introductions and customer relationships must be personally transferred. "Reasonable assistance" is unenforceable.

3–12 months, per key-man assessment
Current mandates · New York 2026

Live New York opportunities for qualified buyers

Curated mandates with verified financials. Full IM, financials, and location released to NDA-signed buyers only. Figures shown are indicative.

For Sale
NYC-014 · Restaurant · F&B

Profitable Full-Service Restaurant

SoHo, Manhattan
Net Profit/yr
$520K
Multiple
3.5×
Asking
$1.8M
For Sale
NYC-038 · F&B · Café Group

Premium Café Group — 3 Locations

Park Slope & Cobble Hill, Brooklyn
Net Profit/yr
$450K
Multiple
3.6×
Asking
$1.6M
For Sale
NYC-009 · Wellness · Spa

Established Day Spa & Wellness Studio

Williamsburg, Brooklyn
Net Profit/yr
$320K
Multiple
3.0×
Asking
$960K
For Sale
NYC-027 · Beauty · Aesthetics

Premium Beauty & Aesthetics Studio

Upper East Side, Manhattan
Net Profit/yr
$390K
Multiple
3.4×
Asking
$1.3M
For Sale
NYC-033 · E-commerce · Online

Profitable E-commerce Brand

Remote · NYC HQ
Net Profit/yr
$680K
Multiple
3.2×
Asking
$2.2M
For Sale
NYC-021 · Hospitality · Hotel

28-Room Boutique Hotel

Hudson Valley, NY
Net Profit/yr
$1.2M
Multiple
5.0×
Asking
$6.0M

Figures are indicative. Full financials, exact location, and seller details are released after NDA execution. New mandates added regularly — including off-market opportunities not shown here.

Buyer FAQ

New York acquisition — buyer questions answered

Can a foreigner buy a business in New York?
Yes. Foreign nationals can own 100% of almost any US business. The considerations are the entity (usually an LLC or C-Corp), the visa route (E-2, L-1, or EB-5), and sector-specific licensing — for example, a liquor license has residency and approval requirements. We identify the correct structure for your nationality and target sector in the initial buyer consultation.
What is the typical asking price for a restaurant or café in New York?
NYC restaurant and café asking prices range from ~$150K for a single casual location to $8M+ for an established multi-location group. Multiples: casual 2.5–3.0×; mid-market 3.0–3.8×; multi-location groups 3.5–5.0×. Add key money and a security deposit to arrive at total acquisition cost — these are real cash outflows not in the quoted price.
What due diligence is required when buying a New York business?
Six areas: financial (3 years of accounts, EBITDA recast, cash reconciliation); legal (cap table, liens, litigation); lease (remaining term, assignment clause, good-guy guarantee); regulatory (SLA, DOH, C of O, professional licenses); key-man (retention terms); and tax (bulk-sale notice, clearance). We provide a target-specific checklist after the initial consultation, including which items to verify before LOI.
How long does it take to buy a business in New York?
From first enquiry to signed APA: 3–9 months is typical for NYC SME acquisitions. F&B and wellness businesses with clean financials and assignable leases close in 3–5 months. Businesses requiring license endorsement (e.g. liquor) add 4–12 weeks. The largest timeline variable is diligence-preparation quality on the seller side.
What is a typical LOI structure for a NYC acquisition?
A NYC LOI typically covers proposed price and payment structure (80–90% at close, remainder deferred), exclusivity (30–45 days), diligence access rights, conditions precedent (lease assignment, license transfer, regulatory approval), transition obligations, and a break fee on deals above $2M. The LOI is where buyers have maximum leverage — locking terms in before exclusivity is far easier than renegotiating during diligence.

Before making an offer, understand how businesses are priced in New York — the EBITDA methodology, sector benchmarks, and how lease terms affect what you should pay. See the full valuation guide →

Ready to start?

Tell us your sector, budget & location

We'll respond within 4 hours with matched mandates and ownership-structure options for your specific situation. No obligation, completely confidential.

NDA before details No Obligation Response within 4 hours Off-market access