Huntington Village - New York Panini - 15 year solid business

Asking Price$424,900

Cash Flow
$280,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,100,000

InventoryNot Disclosed

FF&ENot Disclosed

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Huntington Village - New York Panini - 15 year solid business


Asking Price$424,900

Cash Flow
$280,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,100,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
New York Panini is a long established SUCCESSFUL business. This is a great business to consider franchising! New York Panini has the best QUALITY food- paninis and salads! Premier location in Huntington Village! High visibility. 16 year established fast casual quality food. PHENOMENAL take out business. 16 seats for optional table service plus outside patio for additional seating/events. Main floor is approximately 1350sf includes patio plus 1000sf usable basement. Delivery entrance. All improvements are to town code. In excess of $200k in improvements PLUS quality equipment and dedicated POS system. Establishment has both front and rear entrances with ample municipal parking. New 5 year lease with 5 year option. Current NYS beer & wine license. Verifiable Income. GREAT OPPORTUNITY for turnkey operation and return on your investment! EXCITING UPDATE - FOR 2024 - New York Panini was chosen to be featured at THE COCA COLA SECTION AT CITIFIELD WITH OVER 40,000 SEATS! The FREE MARKETING EXPOSURE ALONE IS PRICELESS
About the Business
Years in Operation
17
Facilities & Assets
One story with finished basement - total square footage 2000. Front and rear entrances. Furniture and Equipment list available.
Market Outlook / Competition
This business was very strong during COVID. There was no dip in business, and it is still thriving.
Opportunities for Growth
There is an opportunity to franchise this business. It already is getting phenomenal exposure at Citifield through the partnership with Coca Cola. Endless possibilities.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
Rent
$5,200.00 per month
Lease Expiration
7/1/2033
About the Sale
Seller Motivation
Retiring
Transition Support
Owners available for support and training for smooth transition.
Listing Info
ID
2154324
Listing Views
2626
Business Location

Contact Seller

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Business Listed by: Linda Lugo Realty Masters North Shore

Listing ID: 2154324 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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