Established Restaurant in Staten island on SALE
Business Description
TURNKEY KOSHER RESTAURANT FOR SALE IN STATEN ISLAND
**Approx. $15,000 Weekly Sales | 10-Year Lease | Full Kitchen + Basement | Asking Only $165,000**
Excellent opportunity to acquire a **fully equipped, turnkey restaurant in Staten Island**. The current owner has operated the business for approximately **8 months**, and the location previously operated as a restaurant for approximately **3 years**.
Currently operated as a **Kosher restaurant**, but the location serves a very mixed demographic, giving a new owner the flexibility to **continue the existing concept or introduce an entirely new restaurant concept**.
š° BUSINESS & SALES
* **Asking Price:** $165,000
* Average Daily Sales: **Approx. $3,000**
* Average Weekly Sales: **Approx. $15,000**
* Owner reports approximately **$12,000ā$15,000/month net income**
* Approx. **75% of sales are credit card / online**
* Approx. **25% of sales are cash**
* Current owner has operated the business for approximately **8 months**
* Location has previously been established for approximately **3 years**
* Current concept: **Kosher Restaurant**
* Top-selling items include:
* Chicken Kebab with Rice
* Chicken Sandwiches
š¢ LOCATION & SPACE
* Located in **Staten Island, NY**
* Approx. **1,000 SF restaurant**
* PLUS **full-size basement**
* Basement currently used for:
* Grocery storage
* Inventory
* Meat preparation
* Additional restaurant storage
* Seating / maximum capacity: **Approx. 30 people**
* Diverse surrounding customer demographic
* New owner may **keep the existing concept or convert the location**
š LEASE
* **10-Year Lease: 5 Years + 5-Year Option**
* Current Rent: **$3,700/month**
* Annual Rent Increase: **3%**
* Excellent rent for a restaurant with full basement and kitchen setup
šµ OPERATING EXPENSES
* Rent: **$3,700/month**
* Electricity: **Approx. $2,000/month**
* Gas: **Approx. $900/month**
* Garbage: **Approx. $260/month**
* Insurance: **Approx. $370/month**
* Food Purchases: **Approx. $3,000/week**
* Payroll: **Approx. $4,500/week**
š„ STAFF
Currently operated with:
* **3 Full-Time Employees**
* **2 Part-Time Employees**
ā° HOURS
* **Monday ā Friday:** 12:00 PM ā 11:30 PM
* **Saturday & Sunday: Closed**
* Currently closed on weekends in observance of **Shabbat**
ā **Important opportunity for a future buyer:** The current owner operates only **5 days per week**. Depending on the buyer's concept and requirements, there may be an opportunity to generate additional revenue by expanding operating days/hours.
### š³ FULLY EQUIPPED LARGE COMMERCIAL KITCHEN
This is a **true turnkey operation**. The restaurant is being sold with the furniture, fixtures and equipment necessary to operate.
(REFER TO PHOTOS)
Kitchen includes:
* **8-Foot Commercial Hood**
* **4 Deep Fryers**
* Large Flat-Top / Iron Grill
* **2 Ovens**
* Large **4-Burner Gas Range**
* Sandwich Preparation Station
* Food Prep Station
* Refrigeration / Storage Equipment
* Restaurant Furniture
* Tables & Seating
* Basement Storage & Prep Area
* Additional Fixtures & Equipment
**Everything currently inside the restaurant is included with the sale, subject to the final asset list.**
**Turnkey operation ⢠Approx. $15K weekly sales ⢠$3,700 rent ⢠Long-term 5+5 lease ⢠Full basement ⢠Large commercial kitchen ⢠8-ft hood ⢠Established customer base ⢠75% card/online sales ⢠Opportunity to expand operating days ⢠Equipment and furniture included**
**SERIOUS BUYERS ONLY.** CASH DEAL ONLY , NO LOAN , SBA LOAN , PERSONAL LOAN OF ANY KIND IS ACCEPTED
**Approx. $15,000 Weekly Sales | 10-Year Lease | Full Kitchen + Basement | Asking Only $165,000**
Excellent opportunity to acquire a **fully equipped, turnkey restaurant in Staten Island**. The current owner has operated the business for approximately **8 months**, and the location previously operated as a restaurant for approximately **3 years**.
Currently operated as a **Kosher restaurant**, but the location serves a very mixed demographic, giving a new owner the flexibility to **continue the existing concept or introduce an entirely new restaurant concept**.
š° BUSINESS & SALES
* **Asking Price:** $165,000
* Average Daily Sales: **Approx. $3,000**
* Average Weekly Sales: **Approx. $15,000**
* Owner reports approximately **$12,000ā$15,000/month net income**
* Approx. **75% of sales are credit card / online**
* Approx. **25% of sales are cash**
* Current owner has operated the business for approximately **8 months**
* Location has previously been established for approximately **3 years**
* Current concept: **Kosher Restaurant**
* Top-selling items include:
* Chicken Kebab with Rice
* Chicken Sandwiches
š¢ LOCATION & SPACE
* Located in **Staten Island, NY**
* Approx. **1,000 SF restaurant**
* PLUS **full-size basement**
* Basement currently used for:
* Grocery storage
* Inventory
* Meat preparation
* Additional restaurant storage
* Seating / maximum capacity: **Approx. 30 people**
* Diverse surrounding customer demographic
* New owner may **keep the existing concept or convert the location**
š LEASE
* **10-Year Lease: 5 Years + 5-Year Option**
* Current Rent: **$3,700/month**
* Annual Rent Increase: **3%**
* Excellent rent for a restaurant with full basement and kitchen setup
šµ OPERATING EXPENSES
* Rent: **$3,700/month**
* Electricity: **Approx. $2,000/month**
* Gas: **Approx. $900/month**
* Garbage: **Approx. $260/month**
* Insurance: **Approx. $370/month**
* Food Purchases: **Approx. $3,000/week**
* Payroll: **Approx. $4,500/week**
š„ STAFF
Currently operated with:
* **3 Full-Time Employees**
* **2 Part-Time Employees**
ā° HOURS
* **Monday ā Friday:** 12:00 PM ā 11:30 PM
* **Saturday & Sunday: Closed**
* Currently closed on weekends in observance of **Shabbat**
ā **Important opportunity for a future buyer:** The current owner operates only **5 days per week**. Depending on the buyer's concept and requirements, there may be an opportunity to generate additional revenue by expanding operating days/hours.
### š³ FULLY EQUIPPED LARGE COMMERCIAL KITCHEN
This is a **true turnkey operation**. The restaurant is being sold with the furniture, fixtures and equipment necessary to operate.
(REFER TO PHOTOS)
Kitchen includes:
* **8-Foot Commercial Hood**
* **4 Deep Fryers**
* Large Flat-Top / Iron Grill
* **2 Ovens**
* Large **4-Burner Gas Range**
* Sandwich Preparation Station
* Food Prep Station
* Refrigeration / Storage Equipment
* Restaurant Furniture
* Tables & Seating
* Basement Storage & Prep Area
* Additional Fixtures & Equipment
**Everything currently inside the restaurant is included with the sale, subject to the final asset list.**
**Turnkey operation ⢠Approx. $15K weekly sales ⢠$3,700 rent ⢠Long-term 5+5 lease ⢠Full basement ⢠Large commercial kitchen ⢠8-ft hood ⢠Established customer base ⢠75% card/online sales ⢠Opportunity to expand operating days ⢠Equipment and furniture included**
**SERIOUS BUYERS ONLY.** CASH DEAL ONLY , NO LOAN , SBA LOAN , PERSONAL LOAN OF ANY KIND IS ACCEPTED
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,100
- Rent
- $3,700 per month
- Lease Expiration
- 7/8/2034
Listing Info
- ID
- 2536134
- Listing Views
Listing ID: 2536134 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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