Enter the North Shore ! Turnkey Restaurant for Sale St. James

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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!
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!

About the Business

Location:
Flowerfield, 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:
1904

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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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