Turnkey Restaurant Business for Sale – Prime Elmont Location
Address: 263B Meacham Ave, Elmont, NY 11003
Asking Price / Key Money available upon request.
Property Type: Retail / Restaurant
Space Size: 1,200 SF (Plus Outdoor Backyard Access)
Base Rent: $4,200 / month
Executive Summary
An outstanding opportunity to acquire a fully operational, profitable restaurant at 263 Meacham Ave in Elmont, NY. Located in a high-density area, this turnkey business features strong, consistent revenue, a robust equipment package, and exceptionally high food margins. Ideal for an owner-operator or an established restaurant brand looking to expand into a fully equipped Nassau County location with minimal friction.
Financial Highlights
* Gross Weekly Revenue: $15,000 – $20,000
* Gross Monthly Revenue: $60,000 – $80,000
* Weekly Food / Inventory Cost: ~$1,500 (~7.5%–10% COGS)
* Status: Profitable (POS reports and verified proof of sales available upon request)
Operating Expenses & Utilities
* Rent: $4,200 / month
* Electricity: ~$700 / month
* Gas: ~$100 / month
* Water: ~$170 (billed quarterly)
Key Features & Assets Included
* Turnkey Sale: All existing equipment and current inventory are included in the $200,000 key money asking price.
* Massive Hood System: Features a large 60 ft. hood installation capable of handling high-volume kitchen equipment.
* Refrigeration & Storage:
* Walk-in cooler
* Walk-in freezer
* 2 chest freezers
* Outdoor Space: Dedicated backyard area included in the lease agreement.
* Hours of Operation: Currently operating 12 hours per day