SCARSDALE, NEW YORK

2,500 SF | 80 Seats | Fully Built-Out Kitchen | $69,000 Key Money

PRIME WESTCHESTER RESTAURANT OPPORTUNITY

A rare opportunity to acquire a beautifully renovated, fully built-out restaurant in one of Westchester County’s most affluent and desirable communities.

Located in Scarsdale, New York, this approximately 2,500-square-foot restaurant offers an incoming operator the ability to step into an established restaurant environment with a thoughtfully designed dining room, approximately 80 seats, a substantial commercial kitchen, and the infrastructure necessary to support a high-volume food and beverage operation.

The opportunity is particularly compelling for an experienced restaurateur, hospitality group, chef-driven concept, or expanding regional operator seeking to establish a presence in the Scarsdale market without undertaking the substantial expense and lengthy timeline associated with building a restaurant from a raw retail space.

The restaurant has been recently renovated and presents with an upscale, contemporary atmosphere capable of accommodating a wide variety of concepts.

Key Money Asking Price: $69,000

A new lease can be negotiated directly with ownership at approximately $12,000 per month all-in, representing an attractive occupancy opportunity considering the restaurant’s size, existing improvements, infrastructure, and location.

OPPORTUNITY AT A GLANCE

Location: Scarsdale, New York
County: Westchester County
Opportunity: Turnkey Restaurant / Key Money
Restaurant Size: ±2,500 SF
Seating Capacity: Approximately 80 Guests
Key Money: $69,000
Monthly Occupancy Cost: Approximately $12,000 All-In
Base Rent: Approximately $42 PSF/YR NNN
Condition: Recently Renovated
Kitchen: Full Commercial Kitchen
Lease: New Lease Negotiable with Ownership
Availability: Immediate / To Be Arranged
Concept: Suitable for a Variety of Restaurant & Hospitality Concepts

INVESTMENT HIGHLIGHTS

$69,000 TURNKEY ENTRY OPPORTUNITY

Restaurant construction can require significant upfront capital before an operator ever serves its first customer. This opportunity allows an incoming restaurateur to acquire an existing, substantially completed restaurant environment for only $69,000 in key money, potentially avoiding a major portion of the cost and time associated with creating a restaurant from scratch.

APPROXIMATELY 80-PERSON CAPACITY

The restaurant provides seating for approximately 80 guests, creating meaningful revenue capacity while maintaining an intimate, upscale dining environment.

±2,500 SQUARE FEET

An efficient restaurant footprint offering dining, kitchen, service, storage, and operational areas within approximately 2,500 square feet.

FULL COMMERCIAL KITCHEN

A spacious existing kitchen provides the infrastructure needed for serious food production and is suitable for high-volume restaurant service, takeout, delivery, catering, and other revenue channels.

RECENTLY RENOVATED

The premises have undergone significant improvements and offer an attractive, contemporary restaurant environment, allowing an incoming operator to focus capital on branding, menu development, staffing, and opening the business rather than undertaking a major construction project.

NEW LEASE AVAILABLE

A new lease can be negotiated directly with ownership, providing the incoming operator an opportunity to establish a long-term presence in the market.

AFFLUENT CUSTOMER BASE

Scarsdale is among Westchester County’s most affluent residential communities and offers an exceptional demographic profile for upscale dining, premium casual concepts, specialty food operators, and hospitality businesses.

ESTABLISHED WESTCHESTER DINING MARKET

Westchester County supports a sophisticated restaurant culture ranging from neighborhood favorites and chef-driven restaurants to nationally recognized fine-dining establishments.

EXECUTIVE SUMMARY

This offering presents an unusual combination: a relatively low key-money requirement, an existing upscale restaurant buildout, meaningful seating capacity, a substantial kitchen, and a location within one of Westchester County’s strongest demographic markets.

The approximately 2,500-square-foot restaurant has been designed to accommodate approximately 80 guests and features a commercial kitchen capable of supporting substantial food preparation and service.

For operators evaluating second-generation restaurant spaces, the economics can be particularly compelling.

Building a restaurant from a conventional retail shell can involve architectural and engineering expenses, permitting, plumbing, electrical service, HVAC improvements, fire and life-safety systems, kitchen construction, equipment, millwork, flooring, lighting, bathrooms, furniture, fixtures, signage, and months of construction before opening.

Here, much of the restaurant environment is already in place.

At an asking price of only $69,000 in key money, an incoming operator has the opportunity to acquire the benefit of the existing buildout and transition the premises into a new concept considerably more efficiently than starting from a raw space.

WHY SCARSDALE?

EXCEPTIONAL CONSUMER DEMOGRAPHICS

Scarsdale represents an unusually affluent consumer market.

According to U.S. Census Bureau data, Scarsdale’s population is approximately 18,000 residents, with reported median household income exceeding $250,000 and per-capita income of approximately $188,274.

These income characteristics significantly exceed broader Westchester County, New York State, and national benchmarks and create an attractive underlying customer base for restaurant operators. Approximately one-third of Scarsdale’s population is also under 18, highlighting the community’s substantial family demographic.

The combination of household wealth, families, professionals, commuters, and established residential neighborhoods can support multiple dining occasions, including weekday lunches, family dining, takeout and delivery, date-night dining, celebrations, private events, and premium food and beverage concepts.

A DESTINATION FOR DINING & RETAIL

Scarsdale has established itself as a sophisticated Westchester shopping and dining destination, characterized by boutiques, restaurants, specialty retailers, professional services, and neighborhood-oriented businesses.

The Westchester County tourism organization specifically identifies Scarsdale for its high-end boutiques, shopping, and fine dining, reinforcing the community’s positioning as a destination for discretionary consumer spending.

The Village of Scarsdale and Scarsdale Business Alliance have also developed Destination Scarsdale, an initiative specifically designed to strengthen Scarsdale as a destination for shopping, dining, wellness, and community activity.

Programs and community events are intended to encourage residents and visitors to shop and dine locally while generating additional activity for Village businesses.

For a restaurant operator, this creates a compelling combination of affluent residents + established dining behavior + community activity + destination retail.

THE WESTCHESTER RESTAURANT MARKET

Westchester County has developed into one of the New York metropolitan area’s most sophisticated suburban dining markets.

The county’s restaurant landscape includes chef-driven concepts, upscale neighborhood restaurants, international cuisine, casual dining, farm-to-table restaurants and Michelin-recognized establishments.

Scarsdale sits within this broader ecosystem while providing the additional benefit of an exceptionally affluent immediate customer base.

For experienced operators, the location provides access not only to Scarsdale residents but also to surrounding Westchester communities and the broader regional consumer market.

LOCATION ADVANTAGE

Scarsdale combines the purchasing power of an affluent suburban community with excellent regional connectivity.

The community is served by the Metro-North Railroad’s Harlem Line, providing direct connectivity with Manhattan and contributing to the area’s established commuter population.

The surrounding roadway network provides convenient access to neighboring Westchester communities and major regional corridors.

This accessibility broadens the potential customer base beyond immediate residents and makes the location attractive for both neighborhood-driven and destination restaurant concepts.

RESTAURANT INFRASTRUCTURE

One of the most significant advantages of this opportunity is the existing restaurant infrastructure.

The space includes a large commercial kitchen suitable for high-volume food production, allowing an incoming operator to evaluate a variety of concepts without beginning with an empty retail shell.

The approximately 80-seat dining configuration provides operators with meaningful in-house revenue capacity while maintaining opportunities for additional revenue through:

• Takeout and delivery
• Catering
• Private parties and celebrations
• Corporate dining
• Family dining
• Lunch and dinner service
• Weekend dining
• Special events
• Online ordering
• Potential beverage service, subject to licensing and approvals

The combination of dining capacity and kitchen infrastructure creates flexibility for both traditional full-service restaurants and modern multi-channel hospitality concepts.

IDEAL RESTAURANT CONCEPTS

The space may be particularly attractive for concepts including:

Upscale Italian / Mediterranean
A natural fit for Scarsdale’s affluent family and evening dining market.

Contemporary American
Chef-driven neighborhood dining with lunch, dinner, cocktails, and weekend service.

Steakhouse / Seafood
A premium concept capable of leveraging the area’s strong household incomes.

Asian / Japanese / Sushi
An upscale concept with strong dine-in, takeout, and delivery potential.

French Bistro / European Café
An intimate neighborhood concept emphasizing food, wine, and atmosphere.

Modern Mexican / Latin
A contemporary full-service restaurant with strong beverage and social dining potential.

Upscale Family Dining
A polished neighborhood restaurant serving Scarsdale’s substantial family population.

Chef-Driven Concept
An opportunity for an established chef or hospitality group to create a destination restaurant without undertaking a complete ground-up restaurant buildout.

All uses, licenses, permits, occupancy, equipment, and concepts remain subject to applicable governmental approvals and operator due diligence.

THE TURNKEY ADVANTAGE

WHY SECOND-GENERATION RESTAURANT SPACE MATTERS

Restaurant operators understand that rent is only one component of opening a new location.

Taking raw retail space and converting it into a functioning restaurant can require substantial investment and time.

Depending upon the condition of a space and the proposed concept, an operator may need to address:

Kitchen Infrastructure
Cooking equipment, refrigeration, food preparation areas, sinks, plumbing and related systems.

Mechanical Systems
HVAC and other systems capable of supporting restaurant operations.

Electrical & Plumbing
Restaurant-level electrical loads, water service, drainage and extensive plumbing requirements.

Dining Room Construction
Flooring, ceilings, lighting, millwork, bars, furniture and decorative finishes.

Permitting & Approvals
Architectural plans, engineering, municipal review, building permits and inspections.

Opening Timeline
Construction and approvals can significantly delay the date when a restaurant begins generating revenue.

This offering provides an incoming operator with the ability to evaluate and potentially utilize substantial existing restaurant infrastructure from day one.

That existing infrastructure represents one of the property’s most significant advantages.

LEASE ECONOMICS

ASKING KEY MONEY

$69,000

APPROXIMATE SIZE

2,500 SF

BASE RENT

Approximately $42.00 PSF/YR NNN

MONTHLY OCCUPANCY

Approximately $12,000 Per Month All-In

LEASE STRUCTURE

A new lease may be negotiated directly with ownership.

The economics provide an incoming operator with an opportunity to secure a high-quality, built-out restaurant in one of Westchester County’s strongest demographic markets without assuming the upfront construction burden typically associated with opening a new restaurant.

WHO SHOULD CONSIDER THIS OPPORTUNITY?

EXISTING RESTAURANT GROUPS

Operators looking to expand their footprint into affluent central Westchester.

MANHATTAN / NYC OPERATORS

Established concepts looking for a suburban location with strong household incomes and proximity to New York City.

CHEF-OWNERS

Experienced chefs seeking their own restaurant without undertaking an extensive ground-up buildout.

REGIONAL RESTAURANT BRANDS

Growing hospitality concepts seeking a location within a strong demographic market.

EXPERIENCED FIRST-TIME OWNERS

Qualified operators looking to enter the market with substantial restaurant infrastructure already in place.

THE BOTTOM LINE

PRIME MARKET. TURNKEY INFRASTRUCTURE. LOW ENTRY COST.

Opportunities to acquire a recently renovated, approximately 80-seat restaurant with a substantial commercial kitchen in Scarsdale for $69,000 in key money are limited.

For an incoming operator, the value proposition is straightforward:

±2,500 SF Restaurant
Approximately 80 Seats
Large Commercial Kitchen
Recently Renovated Interior
High-Visibility Westchester Location
Exceptional Scarsdale Demographics
New Lease Negotiable
Approximately $12,000/Month All-In
Only $69,000 Key Money

Rather than spending substantial capital and time creating restaurant infrastructure from scratch, an incoming operator can focus on what matters most:

Concept. Branding. Menu. Staff. Marketing. Opening the doors.

MARKET SNAPSHOT

SCARSDALE, NEW YORK

Population: Approximately 18,000
Median Household Income: $250,000+
Per Capita Income: Approximately $188,274
Population Under Age 18: Approximately 33%
County: Westchester County
Regional Market: New York Metropolitan Area

Scarsdale’s exceptional household income and purchasing power make it particularly attractive for restaurant concepts dependent upon repeat local customers and discretionary spending.

OFFERING HIGHLIGHTS

$69,000 Key Money

±2,500 SF Turnkey Restaurant

Approximately 80 Seats

Recently Renovated

Large Commercial Kitchen

High-Volume Service Capability

Approximately $11,500/Month All-In

New Lease Negotiable

Exceptional Scarsdale Demographics

Affluent & Established Customer Base

Strong Westchester Dining Market

Potential for Dine-In + Takeout + Delivery + Catering

Ideal for Established or Expanding Restaurant Operators

Significant Existing Restaurant Infrastructure

Opportunity to Avoid a Costly Ground-Up Buildout

CONFIDENTIALITY & DISCLAIMER

The information contained herein has been obtained from sources believed to be reliable; however, no representation or warranty, expressed or implied, is made as to its accuracy or completeness. Prospective purchasers/operators are encouraged to independently verify all information.

All financial information, dimensions, seating counts, equipment, fixtures, lease terms, operating capabilities, licenses, permits, zoning, certificates of occupancy and permitted uses should be independently verified by prospective operators and their legal, financial, architectural and other professional advisors.

Any proposed restaurant concept, alterations, liquor license, signage, outdoor dining, delivery operation, entertainment, hours of operation or other use shall be subject to applicable governmental approvals and landlord consent where required.