Huntington Village - New York Panini - 15 year solid business

Huntington, NY
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Asking Price:$550,000
Rent:$5,200/Month
Gross Revenue:$1,100,000
Established Year:2008
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. 15 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


DETAILED INFORMATION
Location
Huntington, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
01/07/2028
Facilities
One story with finished basement - total square footage 2000. Front and rear entrances. Furniture and Equipment list available.
Competition
This business was very strong during COVID. There was no dip in business, and it is still thriving.
Growth & Expansion
There is an opportunity to franchise this business. It already is getting phenomenal exposure at Citifield through the partnership with Coca Cola. Endless possibilities.
Support & Training
Owners available for support and training for smooth transition.
Reason for Selling
Retiring

BUSINESS LOCATION
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Linda
Lugo
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Linda Lugo