MLS#1065038
STATUSActive
PROPERTY TYPECommercial -
SCHOOLElmont
Property Description
Turnkey Restaurant Business for Sale - Prime Elmont LocationAddress: 263B Meacham Ave, Elmont, NY 11003Asking Price / Key Money available upon request. Property Type: Retail / RestaurantSpace Size: 1,200 SF (Plus Outdoor Backyard Access)Base Rent: $4,200 / monthExecutive SummaryAn 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
Property Features
Property Type: Commercial -
Cooling: ENERGY STAR Qualified Equipment
Heating: ENERGY STAR Qualified Equipment
Lot Size: 0.05 Acres
Taxes: $14,101
Year Built: 1961
Feature Descriptions
Building Area Total: 1534
Business Type: Restaurant, Retail
Days on Site: 15
Exterior: Brick
On Market Date: 2026-10-20
Parcel Number: 2089-32-575-00-0009-0
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Utilities: Electricity Connected
Water: Public
Local Schools
School District: Elmont
Listed By / Shown By
Listing By
Agency Name: Kingsland Properties
Agency Contact: 718-380-7400
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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263b Meacham Avenue | MLS# 1065038
This commercial property located at 263b Meacham Avenue, Elmont, NY 11003 is currently listed for sale with an asking price of $200,000. 263b Meacham Avenue is located within the Elmont school district. Search Elmont real estate on www.coldwellbankerchoice.com today.