340 Jericho Tpke Huntington, NY 11743-6300
- Investment properties
- 0.61 lot acres
Current Use by Public Records
- Gustoso Pizzeria / Pizza Restaurant / Pizza Delivery
- Toxic Wings / Pizza Delivery / Pizza Restaurant
- Penny Lane Boutique / Women'S Clothing Store / Boutique
- Miss Sakura / Sushi Restaurant
- Jalapeño Shack / Restaurant
Property Details for 340 Jericho Tpke
- Lot size
- 0.61 lot acres
- Zone code
- C6
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 0400-191.00-02.00-022.004
- APU
- 400191000200022004
Description
This exceptional opportunity presents the chance to acquire an established and thriving Halal Mexican Grill, Jalapeno's Shack, located at 340 W Jericho Tpke in Huntington, NY. The restaurant boasts a proven track record of success, evidenced by its fantastic customer reviews and loyal repeat clientele. This turnkey operation offers a significant advantage for a prospective buyer, minimizing the time and effort required to establish a successful business. The low overhead and low maintenance characteristics of this venture contribute to its strong profitability. The property itself sits on a one-acre lot, providing ample space for potential expansion or outdoor seating. A key benefit of this acquisition is the secure lease agreement. The current lease has nine years remaining, with a further ten-year option available, providing long-term stability and security for the new owner. This presents a rare opportunity to step into a profitable, well-established business with minimal start-up costs and a significant runway for future growth. The property is categorized as retail and is priced at $249,990. This is an ideal investment for an experienced restaurateur or a savvy investor seeking a low-risk, high-reward opportunity in a desirable location. The property's location in Huntington, NY ensures high visibility and accessibility to a large customer base. This turnkey restaurant presents a compelling investment opportunity with significant potential for continued success and growth.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Huntington
- County
- Suffolk
- State
- New York
- Longitude
- -73.4253
- Latitude
- 40.8284
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA