Established Coffee Shop & Dessert Bar - Queens, NY
This turnkey coffee and dessert operation presents an exceptional opportunity in Flushing, Queens, featuring both active business income and passive revenue streams. The fully renovated 1,200 sq ft space is move-in ready and currently generates $680,000 in annual revenue.
Asking Price: $50,000 (key money negotiable)
Business Overview:
• Established café/dessert/snack shop with dine-in and online ordering capabilities
• Seats 45+ customers with dedicated coffee bar section
• Private bathroom and full kitchen included
• Franchised brand - first flagship location in NYC
Financial Highlights:
• Annual Revenue: $680,000
• Passive Income Component: $54,000 annually from subletting (approximately $4,500 monthly)
• Base Rent: $7,800/month plus taxes, utilities, and management fees
• Lease Term: 4.5 years remaining with renewal option (expires January 2030)
Property Features:
• Fully renovated, turnkey
• Building amenities include elevator and parking options
• Flexible space suitable for conversion to other restaurant concepts
• Prime Flushing location on Prince Street
Inclusions:
• All inventory included in sale price
• FF&E valued at $10,000
• Optional coffee machine available for $10,000
• Comprehensive training and operational support from current owner
• Access to marketing plans and operational/ marketing resources
Growth Potential:
• Expansion opportunity through delivery service implementation
• Established customer base with proven revenue history
• Flexible space allows for concept modifications or expansions
The current absentee owner is selling due to health issues and is committed to providing comprehensive training and ongoing support to ensure smooth transition. This represents an ideal opportunity for an investor seeking both active business income and passive revenue generation in Queens' thriving food service market.
Ad#:2411587
