Recently Renovated Restaurant for Sale in St. James - Popular Spot!

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Asking Price:
$139,000

Gross Revenue:
$250,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

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!
This is an amazing time to purchase this restaurant for sale and jump into the booming scene in St. James /Smithtown. This area has been a bustling market for new and exciting restaurants. If you come down on a Friday or Saturday night without a reservation; forget about it! You won't find an open table anywhere!
Brought to you by We Sell Restaurants, this 1500 square foot restaurant was recently renovated. No corners were cut and the owner took a lot of time and energy into revitalizing this restaurant for sale. With its beautiful design and layout, it is currently set up for about 22-30 guests but could easily be arranged to accommodate more. not a dime was spared and no corners were cut. Beautifully design and laid out. It is currently set up for about 22-30 guest but could be arranged differently to accommodate more.
With a restaurant for sale in such a hot spot, the rent is extremely low at only $3,700 a month 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!
Along with the dining room being picture perfect, so is the kitchen. Boasting a fully-equipped commercial kitchen, the equipment consists of a hood, two stoves, prep coolers, prep tables, large refrigerator, walk-in box, 3 bay sink, wine refrigerator, pots, pans and so much more! There is even a liquor license in place!
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!

About the Business

Location:
Box Hill, New York
Year Established:
4
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
1,500
Rent:
$3,705.00 Per Month
Lease Expiration:
3/27/2028
Facilities:
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
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Pros Great location low rent new concept Cons new concept no existing customer base limited seating
Growth & Expansion:
Pros unlimited growth with new concept new marketing and advertising pitch cons limited space to expand
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About the Sale

Reason For Selling:
Retirement
Training/Support:
negotiable

Listing Info

ID:
1618810
Ad Detail Views:
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Business Listed by

Michael Kelly

We Sell Restaurants

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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