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The Wall Street Journal Online

Coffee Shop - Mini Diner, Good Lease

Eastern Suffolk, N. Shore, New York (Suffolk County)

Seller Financing Available

Photo Available
Asking Price:
$250,000
Gross Income:
$675,000
Cash Flow:
$160,000
FF&E:
$150,000.00 *
Inventory:
N/A
Real Estate:
N/A
Year Established:
2008
Employees:
4 ft 4 pt
Business Types:
Restaurants
Other Food Stores

* included in the asking price

Business Description

This Coffee Shop / Cafe was renovated just 4-yrs. ago. It is located on Main Street in a Town on the N. Shore of Eastern Suffolk County, Long Island. The Restaurant is approximately 3,400 sq. ft., which includes a full basement.
It has an Open Kitchen and seating for 50-people, plus seating for an additional 16-people on the Outdoor Deck. The Basement has a full prep area with stainless steel worktables, sinks, a large storage area, ice cube machine, a large walk-in box and an office area.
The rent is only $3,200 (includes tax and cam charges) and it has a GREAT 11-YEAR LEASE.
The Seller would like to relocate to Florida. Financing is available to an experienced buyer with $130,000 down (Price is Firm).
***GREAT OPPORTUNITY FOR CHEF /OWNER***
***FOR MORE INFO, please call John Stefan of JS Business Brokers at 631-473-2973 *** For the EXACT ADDRESS of this business, please DOWNLOAD and sign our Confidentiality Agreement & fax it back to me @ 631-473-2973. PLEASE CALL before faxing as it also is my business line.

Detailed Information

Facilities:
This Store is approximately 3,400 sq. ft., which includes a full basement. It has a Full Open Kitchen with seating for 50 people, plus it seats an additional 16-people on the outdoor deck. The Basement has a prep area with stainless worktables, sinks, a storage area, Ice machine, a large walk-in box and an office area.
Competition:
There is NO COMPETITION for this type restaurant in the immediate area.
Growth/Expansion:
There is plenty of room for growth as the present owners do very little advertising.
Financing:
Seller will finance to an experienced buyer with $130,000 down
Support/Training:
Seller will assist with training.
Reason Selling:
The Seller would like to relocate to Florida
Contact Seller

Broker Information

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(from currently available resources)
months
 

Business For Sale Listed By

John Stefan

John Stefan
JS Business Brokers

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