Restaurant with Below Market Rent for 10 years!

Huntington, NY
Suffolk County

Corner in Huntington

Asking Price: Annual Revenue:
$250,000 $360,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant with Below Market Rent for 10 years! Broker: Seller of Business

Quick Facts

Asking Price: $250,000
Annual Revenue: $360,000
Net Profit: Not Disclosed
Cash Flow: $105,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 937835273
Broker Reference #: 11730

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Business Overview:

LOCATION LOCATION LOCATION! One of the hottest corners in all of Huntington Village! Currently setup as a fine dining restaurant with a full bar, the owner is looking to retire. Beautifully built space with high end finishes, this space can easily be converted into a Cafe, Italian Bistro, a Wine Bar, or any kind of Cuisine you would like. Below market rent of $4,000 a month, including Real Estate Taxes, on the busiest corner of Huntington, is unheard of! Plus the annual increases over the remaining 12 years is only $75 per year! The main floor is approximately 1,000 square feet and the basement is 2,000 square feet. Because you are located on a corner, you can add lots of outdoor seating as well during the warmer months. This is an amazing opportunity for anyone looking to open up a restaurant turn-key.

Please contact Bob Patel for any additional information.

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Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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