Breakfast & Coffee Restaurant/Cafe

Suffolk County, NY

Seller Financing Available

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Asking Price:$269,000
Gross Revenue:$750,000
Established Year:2020
Cash Flow:$140,000
FF&E:$165,000
BUSINESS DESCRIPTION

LISTING ID # 36460

Breakfast & Coffee Restaurant & Café. Major Price Reduction! Well-branded and beautifully decorated, this space has become a new hotspot in Suffolk County, New York. They offer limited hours, specializing in breakfast and coffee items as well as a beer & wine license. They offer 2,400 sf of space with seating for 100 inside and an additional 50 outside. A new owner can easily extend hours for lunch and dinner, if desired. The space is fully equipped with a large kitchen. All furniture, fixtures and equipment were fully replaced just 4 years ago. In fact, this shopping center has its own private parking lot for 40 cars. That is unheard-of in this area, which is entirely metered parking. In the past year the business grossed approx. $740,000 with an owner’s cash flow of approx. $140K. There are 16 years left on the current lease with a rent of $7,604/mth. We are seeking a serious and qualified buyer with at least $200k in liquid funds and some restaurant background. Proof of funds will be requested prior to a buyer-seller conference call or meeting. All meetings must be scheduled by appointment only!


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Not Included in asking price
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
200,000.00 Down & $69K over 3yrs. @ 9%
Support & Training
Seller will train
Reason for Selling
Visa issues
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd