Hip Cafe for Sale in New York County, NY 32789

New York County, NY

Hip Cafe for Sale in New York County, NY 32789
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Asking Price: $199,000

Cash Flow: $78,000

Gross Revenue: $520,000

EBITDA: N/A

FF&E: $75,000

Inventory: $1,500*

Established: N/A

*not included in asking price.

Hip Cafe for Sale in New York County, NY 32789

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Business Description

Trendy Restaurant Business for Sale in New York County, NY 32789

This Hip cafe in a trendy Section of Manhattan serves
breakfast, sandwiches, salads, munchies, coffees, teas &
matchas, and soft drinks. It only opened for business on
June 15th of this year and is already tracking to do
$520K and $78K in annual revenue and profit, respectively.
Monthly rent is just $2,500/month and the lease runs for
another 9 years plus. Internet delivery and catering orders
account for 70% of gross sales and 30% in-store. Open
Monday-Friday from 7am-8pm and Saturday-Sunday from
8am-5pm, you would be well-advised to open earlier and
close later. Weekly payroll is $3K. The operating partner,
who has other business interests, feels his mostly silent
partner is not helping out enough and is overwhelmed by
the growth of the business. They have thus decided to sell.
Please do not say anything to the employees or customers
when visiting this location, as they do not know it's for sale.
Kindly then contact the listing broker, Jay Goldman, to make
an appointment to meet with the operating partner to ask
some basic questions and get a full tour of the facilities.
Mr. Goldman can be reached by text or phone or email .
Please first go to www.vestedbb.com to become a free
registered buyer under listing 32789, if you are new to
Vested Business Brokers.

Detailed Information

Location:
New York County, NY
Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Yes
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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