Brooklyn Sandwich Shop and Cafe

Brooklyn, NY (Kings County)

Brooklyn Sandwich Shop and Cafe
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Asking Price: $150,000

Cash Flow: N/A

Gross Revenue: $550,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,000 /Month

Established: 2019

Brooklyn Sandwich Shop and Cafe

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Business Description

Brooklyn Cafe and Sandwich Shop in Quickly Changing Neighborhood

This fresh concept just opened a few months ago, and has a solid following already. Delivery business is building and the catering potential for this neighborhood is untapped. It is truly a turn key operation, that will need an owner/operator on site for the short term, but the systems are in place and this will quickly become a cash flowing cafe for any new owner, without the hassle, delays, and unexpected expenses in building from scratch. Owner is willing to negotiate a transitional service agreement.

Detailed Information

Location:
Brooklyn, NY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
11/30/2028
Employees:
12
Facilities:
This is a newly refurbished build out. All plumbing, electrical (lots of 220/240v and 3 phase power), HVAC, etc. is top notch. Fully furnished and equipped. Brand New coffee and espresso equipment, ovens, Cvaps, Refreigerators, Walk in. Finished basement, and ADA compliant bathroom and entrances. Landlord has been extremely reasonable, and there is a little over 4 years, on current lease with a 5 year option to renew. Current rent is 4000/month
Competition:
There is virtually no one around who is directly competing. The market is changing quickly, with tons of new construction in every direction. There are also two major hospitals nearby, which provide reliable customers.
Growth & Expansion:
The concept is dialed in, and could be replicated with some fine tuning. The major, immediate opportunity for revenue growth is in catering and delivery.
Support & Training:
Owner is willing to stay on for a short term, and willing to negotiate further transitional services.
Reason for Selling:
Owner would like to phase out of the industry
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Business Listed By:
Dave Currence

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