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!
