Seller Financing Available

Asking Price:

$175,000

Gross Income:

$596,000

Cash Flow:

$103,080

FF&E:

$200,000.00 *

Inventory:

N/A

Real Estate:

N/A

Year Established:

2000

Employees:

2/2

Business Types:

Restaurants
Other Eating & Drinking Places

* included in the asking price

Business Description

Cozy and stylish cafe and grill on main avenue in bustling hi density neighborhood. Very popular with loyal following. Seats 40 plus bar. Great service. Large delivery and take out. Across from large retail complex. Queens neighborhood. Free WiFi. Beer and Wine. Paninis, seafood, breakfast, wraps, soups, salads, platters, burgers, sandwiches, coffee bar,brunch and breakfast. Four internet marketing sites provide many local deliveries and pickup= 50 deliveries a day. Partnership problems force sale, Owner gutted and built out business a year ago at a cost of $300,000. Sales in Jan-Feb are now $10k-$11k a week although 2010 profile is based on sales of $7-8k per week. Lease 8 years left plus 3 yr option. Call broker, Joseph Stansky for more details.

Detailed Information

Financing:

100,000.00 down & $75,000 @ 6% over 3 years

Reason Selling:

Partnership Problems

Broker Information

Nathan F. Goldstein

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