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Cafe / Coffee Shop - Lower East Side

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $375000
Net Profit / Cash Flow  $125000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2010
Number of Employees  1 - 3
Inventory  50000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Will provide as necessary.
Reason for Sale  Seller has other interests.

Description  
ASKING PRICE: $225,000 A friendly place to chill and have a great cup of coffee or one of their many teas with their specialty croissants, pastries, sandwiches/pannini's, bagels or salads. The atmosphere and decor are homey and one of a kind. In addition, a 22 story apartment building is scheduled to be built just 50 yards from their location. What a bonanza! Located on the Lower East Side. Reason for Sale: To develop Licensing concept and expand using their Brand. Currently owns three cafes with same Brand & concept. Since this is their first sale, owner will not charge a licensing fee, however, buyer must use their coffee supplier and if buyer chooses to sell at some point in the future, buyer must give right of first refusal to seller and buyer can not use coffee supplier in any other venture. The buyer has the option not to accept the Licensing Agreement and change the concept of this cafe to their liking if buyer likes the location. FFE: $ 50,000 (Included in Price) Training & Support: Will provide as necessary. Year Established: 2010 Days & Hours of Operation: 7 days, 8am to 10:30pm Owner Hours: Minimal Employees: 3 Absentee Owner: No Monthly Rent: $ 3,200 Square Footage: 450 Facilities: The feeling is low key, quaint, and rustic. Located on the Lower East Side. A place to chill. 450 sq. ft.


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