How much does a restaurant for sale in Staten Island cost?
Staten Island restaurant acquisitions vary by submarket and concept type. Asset sales typically start from $40k+. Full business sales range from $110k+ to over $700k+ for established concepts in prime submarkets like St. George and the North Shore, Hylan Boulevard and the South Shore, New Dorp and Great Kills. Confirm at least three years of financials and SLA license status before making any offer.
What are restaurant lease rates in Staten Island?
Staten Island restaurant lease rates run roughly $26 to $55 per square foot annually, with the higher end of the range applying to prime submarkets and the lower end to emerging or suburban areas. NNN structures and CAM charges typically add another $8 to $18 per square foot annually.
What types of restaurant transactions are listed in Staten Island?
Pepperlot lists business sales, asset sales, and property sales across Staten Island. Asset sales transfer equipment and lease only, keeping the seller's prior liabilities out of the transaction. Business sales include the full operation, brand, SLA license where transferable, and staff. Property sales are outright real estate purchases.
Do I need an SLA license to buy a Staten Island restaurant?
Any restaurant in Staten Island that serves alcohol requires a State Liquor Authority (SLA) license. Richmond County SLA license transfers and new applications typically take 60 to 120 days. Quota restrictions are less constrained than the more dense NYC boroughs. Confirm the license type and transfer requirements with both the seller and SLA before closing.
What submarkets are most active for restaurant sales in Staten Island?
On Pepperlot, the most active Staten Island submarkets currently are St. George and the North Shore, Hylan Boulevard and the South Shore, New Dorp and Great Kills. Each carries different customer demographics, lease economics, and concept fit, so the best submarket depends substantially on the concept being acquired or planned.
Can I list my Staten Island restaurant for sale on Pepperlot?
Yes. Listing on Pepperlot is free. Create a Staten Island-specific listing with details like hood systems, seating, SLA license type, and lease terms. Confidential listing options are available for sellers who prefer to reach buyers without publicly disclosing the business identity.
