Profitable east village Coffee Shop/Eatery with huge potential

New York, NY (New York County) (Relocatable)

coffee shop

Asking Price:$220,000

Cash Flow:$180,000

Gross Revenue:$650,000

EBITDA:N/A

FF&E:N/A

Inventory:$80,000

Rate/Sq. Ft.:$60.00

Established:1998

Profitable east village Coffee Shop/Eatery with huge potential

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Business Description

Wonderful Opportunity to own a coffee shop in the heart of the EAST VILL;AGE CLOSE 11pm. established in the year 1999 has very nice curb apeal and fully turnkey with cashflow of $700k with favorable 8 year lease in place. Only 6000 Rent wich is 40% under market rent with no real property taxes at all....Owner motivated to move back home overseas and willing to negotiate.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,000
Lease Expiration:
11/30/2025
Employees:
6
Facilities:
small coffeehous/ restaurant on the avenue with outside seating
Growth & Expansion:
the establishmnet need a beer and wine license witch is easy to obtain that will increase your sales by at least 20%
Support & Training:
yes
Reason for Selling:
moving back to the mother land

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Sabri Rebib

Business Listed By:
Sabri Rebib

Guttman Realty Advisors

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Sponsoring Broker:
Jack Guttman

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