Hot Investment Oppty: Profitable Restaurant in Bustling Downtown area
Business Description
Established grab-and-go restaurant located on a prime corner lot in bustling downtown New Rochelle, offering exceptional investment potential in Westchester County's rapidly developing market.
BUSINESS OVERVIEW
This turnkey operation generates $465,000 in annual revenue with strong cash flow of $127,700. Established in 2022, the restaurant has built a solid customer base serving diverse clientele including residents and office workers in this thriving downtown locale.
LOCATION ADVANTAGES
Strategically positioned on a busy main street corner with high visibility and foot traffic. The 1,600 square feet space features modern, upscale design that appeals to today's dining trends. Located in a fast-developing downtown area experiencing significant investment and urban development.
OPERATIONAL EFFICIENCY
Streamlined take-out concept requires minimal staffing with only 2 employees, making it easy to operate and manage. The modern design and efficient layout support high-volume service while maintaining quality standards.
MARKET POSITION
While several dining options exist in the area, this restaurant distinguishes itself with a modern, upscale vibe that aligns with the growing trend toward convenient, on-the-go dining concepts. Limited direct competition in this specific market segment.
GROWTH OPPORTUNITIES
- Implement online ordering platform to capture digital customers
- Expand delivery partnerships for broader market reach
- Menu expansion to attract diverse customer preferences
- Develop subscription meal plans for recurring revenue
- Partner with local breweries, cafes, and event spaces for cross-promotion
FINANCIALS
Asking Price: $400,000
Annual Revenue: $465,000
Cash Flow: $127,700
FF&E Value: $125,000
Inventory: $10,000 (included)
Lease: $3,825/month through March 2028
The owner is relocating and pursuing other opportunities, creating an excellent acquisition opportunity for an investor or operator seeking an established, profitable restaurant in a prime Westchester County location with significant growth potential.
BUSINESS OVERVIEW
This turnkey operation generates $465,000 in annual revenue with strong cash flow of $127,700. Established in 2022, the restaurant has built a solid customer base serving diverse clientele including residents and office workers in this thriving downtown locale.
LOCATION ADVANTAGES
Strategically positioned on a busy main street corner with high visibility and foot traffic. The 1,600 square feet space features modern, upscale design that appeals to today's dining trends. Located in a fast-developing downtown area experiencing significant investment and urban development.
OPERATIONAL EFFICIENCY
Streamlined take-out concept requires minimal staffing with only 2 employees, making it easy to operate and manage. The modern design and efficient layout support high-volume service while maintaining quality standards.
MARKET POSITION
While several dining options exist in the area, this restaurant distinguishes itself with a modern, upscale vibe that aligns with the growing trend toward convenient, on-the-go dining concepts. Limited direct competition in this specific market segment.
GROWTH OPPORTUNITIES
- Implement online ordering platform to capture digital customers
- Expand delivery partnerships for broader market reach
- Menu expansion to attract diverse customer preferences
- Develop subscription meal plans for recurring revenue
- Partner with local breweries, cafes, and event spaces for cross-promotion
FINANCIALS
Asking Price: $400,000
Annual Revenue: $465,000
Cash Flow: $127,700
FF&E Value: $125,000
Inventory: $10,000 (included)
Lease: $3,825/month through March 2028
The owner is relocating and pursuing other opportunities, creating an excellent acquisition opportunity for an investor or operator seeking an established, profitable restaurant in a prime Westchester County location with significant growth potential.
About the Business
- Years in Operation
- 3
- Facilities & Assets
- Exceptional opportunity to own and operate a thriving restaurant situated in dynamic area for growth. This modern and upscale facility offers everything you need for a seamless transition:
Facility features:
Space: 1600 sq ft complemented by and equally spacious basement
Design: chic and upscale interior design
Location: coveted corner lot on a bustling street with high foot traffic
Restrooms: two well maintained bathrooms
Equipment: top of the line ventless hood system, refrigerators, steam tables, deli machines
Potential: upcoming downtown district - Market Outlook / Competition
- Thriving Downtown Locale: fast -developing downtown area. Diverse mix residents, office workers
Growing Community: area is seeing significant investment and urban development
Customer Base: restaurant enjoys exposure to varied clientele
limited direct competition: while several options exist, this restaurant boast modern upscale vibe.
Trend insight: dining scene shifting towards trendy on the go concepts - Opportunities for Growth
- Online ordering platform
Increased delivery partnerships
Menu Expansion
Subscription Meal Plans
Collaborations with Local Businesses: partner with local breweries, cafes or event spaces
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,600
- Rent
- $3,825.00 per month
- Lease Expiration
- 3/18/2028
About the Sale
- Seller Motivation
- Pursuing other opportunities, relocation
Listing Info
- ID
- 2402040
- Listing Views
- 479
Listing ID: 2402040 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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