263B Meacham Avenue, Hempstead, NY, 11003
$200,000
activeLot Size
2,080 sqft
Year Built
1961
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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
Listed by Sergey M. Babayev, Kingsland Properties
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