Versatile Kitchen Studio Business – Nassau County NY
Business Description
An exceptional opportunity to own a highly profitable, positive cash flow net and versatile kitchen studio business - 2022 Net Operating Income was $247K. This is ideal for entrepreneurs looking to capitalize into the thriving culinary, filming, and restaurant equipment rental market. This space has been the go-to-spot for all major networks, including the Food Network, Cooking Channel and PBS. This well-established business boasts four state-of-the-art kitchen sets, located in a prime commercial area of Nassau County, NY, suitable for various purposes, such as cooking schools, film and TV productions, and restaurant equipment rentals. Also, a great opportunity for a restaurant conversion.
Key Features:
1. Multiple Revenue Streams: This business provides various services, including culinary workshops, professional film and TV production facilities, and restaurant equipment rentals, catering to a diverse clientele and offering multiple avenues for revenue generation.
2. High-Quality Studio Space: The four kitchen sets are well-equipped with modern appliances, stylish designs, and ample space, providing a professional and comfortable environment for clients. This includes a separate studio with a green screen.
3. Excellent Reputation: The business has built a solid reputation for delivering top-notch services, maintaining a loyal customer base and attracting new clients through word-of-mouth referrals.
4. Talented Owner: The business is operated by a dedicated and experienced owner, ensuring a smooth transition for the new owner.
5. Growth Opportunities: The versatile nature of the business offers multiple opportunities for expansion, such as hosting private events, corporate team-building workshops, or even restaurant conversion.
The current owner has other projects and is committed to ensuring a smooth transition for the new owner. The owner is willing to provide support and training for a period of 3 months to ensure a seamless transition. Further assistance can be negotiated if required.
LEASE TERM: 8 years remaining with two (2) five-year options
BASE RENT: $2,600/month – lower than market rent for the area!
CONCEPT: Kitchen Studio for Filming – Restaurant Equipment Rental – Possible Restaurant Conversion
SIZE: 2,400 square feet
SALES: $492,000 per year
CASH FLOW: $247,000 per year
ASKING PRICE: $317,000 (For the Business) - Seller Financing Available to Qualified Buyers!
Key Features:
1. Multiple Revenue Streams: This business provides various services, including culinary workshops, professional film and TV production facilities, and restaurant equipment rentals, catering to a diverse clientele and offering multiple avenues for revenue generation.
2. High-Quality Studio Space: The four kitchen sets are well-equipped with modern appliances, stylish designs, and ample space, providing a professional and comfortable environment for clients. This includes a separate studio with a green screen.
3. Excellent Reputation: The business has built a solid reputation for delivering top-notch services, maintaining a loyal customer base and attracting new clients through word-of-mouth referrals.
4. Talented Owner: The business is operated by a dedicated and experienced owner, ensuring a smooth transition for the new owner.
5. Growth Opportunities: The versatile nature of the business offers multiple opportunities for expansion, such as hosting private events, corporate team-building workshops, or even restaurant conversion.
The current owner has other projects and is committed to ensuring a smooth transition for the new owner. The owner is willing to provide support and training for a period of 3 months to ensure a seamless transition. Further assistance can be negotiated if required.
LEASE TERM: 8 years remaining with two (2) five-year options
BASE RENT: $2,600/month – lower than market rent for the area!
CONCEPT: Kitchen Studio for Filming – Restaurant Equipment Rental – Possible Restaurant Conversion
SIZE: 2,400 square feet
SALES: $492,000 per year
CASH FLOW: $247,000 per year
ASKING PRICE: $317,000 (For the Business) - Seller Financing Available to Qualified Buyers!
About the Business
Real Estate
- Owned or Leased
- Leased
Listing Info
- ID
- 2094887
- Listing Views
- 957
Listing ID: 2094887 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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