Panini & Café in Hell’s Kitchen * Neighborhood Gem Raving Reviews

New York, NY (New York County)

Seller Financing Available
Panini & Café in Hell’s Kitchen * Neighborhood Gem Raving Reviews

Asking Price:$130,000

Cash Flow:$121,500

Gross Revenue:$240,000

EBITDA:N/A

FF&E:$18,000

Inventory:N/A

Established:2014

Panini & Café in Hell’s Kitchen * Neighborhood Gem Raving Reviews

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Business Description

This Panini & Cafe is the creation of an Executive Chef in New York City, who was also featured as a winner on The Food Network’s show, Chopped. His menu includes an assortment of fresh and delicious Paninis along with authentic Italian coffees. This neighborhood gem has only been open for 1 year but has already grabbed the attention of all the locals and passerbys on this busy street. Reviewers have delightful things to say of all the wonderful selections on the menu and the service. The owner is relocating to pursue another opportunity in California so wants to pass this on to a new owner immediately. He will also provide his expert executive and sous chef training without added cost.

Strengths/Growth Opportunities:
- Kitchen can be expanded and fitted with additional Panini machine, increasing output and growing revenue.
- Store hours can be extended to late night and weekends. Currently it closes at 6:30-7pm and is closed on weekends.
- High level of customer loyalty and repeat business.
- Great Yelp reviews and online presence.

Detailed Information

Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
52000.00
Support & Training:
2 weeks
Reason for Selling:
relocating

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Transworld Business Advisors

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Transworld Business Advisors

Transworld Business Advisors of NY

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