Enter the North Shore! Turnkey Restaurant for Sale

Saint James, NY
Suffolk County


Asking Price: Annual Revenue:
$139,000 $250,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Enter the North Shore! Turnkey Restaurant for Sale Broker: Michael Kelly

Quick Facts

Asking Price: $139,000
Annual Revenue: $250,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 3
BBN Listing #: 26318096
Broker Reference #: 6711

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Business Overview:

Purchase this fantastic and newly renovated Restaurant for Sale in the lovely St. James City. Currently Serving up Northern Italian/ Mediterranean food, but the concept is up to you! Don't crawl from the bottom when you can start from the top!

The North-Shore location of St . James / Smithtown has a dynamic dining scene . This is your chance to purchase this turnkey ready restaurant for sale which has scope for growth and your room for your own personal style.

Brought to you by We Sell Restaurants, this recently renovated 1,500 square foot restaurant is well laid out and designed. Although currently serving between 22-30 guests there is , if you wish , room for further growth.

The fully-equipped commercial kitchen comes complete with the a hood, two stoves, prep coolers, prep tables, large refrigerator, walk-in box, 3 bay sink, wine refrigerator, pots, pans and so much more.

With a loyal following and an in-place liquor license , the rent is a low $3,700 pm which includes taxes, CAMS and insurance. There are 9 years remaining on the lease, so you have so much time to put into the business before you have to worry about renewing!

This restaurant for sale is currently up and running and has a wonderful following. The hours are very limited which means there is tremendous room for growth and many untapped marketing opportunities available.

I entice all buyers to come to St James and Smithtown on a weekend to see how lively all the restaurants are. The local residents love to dine out and enjoy great cuisine. St James has long been written about in articles in magazines and on websites. Come join the scene down here with your very own restaurant for sale. Act quickly, though! With such a phenomenal location, this listing won't be on the market long!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

6 tables with Chairs wine refrigerator 2 6 burner stoves prep table prep cooler slicer walk in box refrigerator 3 basin sink pots and pans small wares

Market Competition and Expansion:

Pros: Great location low rent new concept Cons new concept no existing customer base limited seating

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not 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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