Cafe for Sale: Turnkey Business Opportunity with Endless Potential

Queens, NY

Seller Financing Available

Fully equipped kitchen
Asking Price:$99,000
Gross Revenue:$335,000
FF&E:$80,000
Cash Flow:$150,000
Rent:$3,300/Month
Established Year:2020
BUSINESS DESCRIPTION

NOT FOR ABSENTEEE
This flourishing coffee shop is located in a prime location between Long Island City and Astoria, in a rapidly growing neighborhood. The bakery was opened in 2020 and has quickly become a popular destination for locals and visitors alike. The sale price includes the lease agreement, which has 1 1/2 years remaining with a 5-year option in talks for the possibility of a brand new lease. The kitchen is fully equipped with all the necessary equipment, including a commercial oven, mixer, refrigerator, and freezer. This is a great opportunity for someone to take over a successful business in a prime location. The bakery has a strong customer base and a loyal following. The new owner will benefit from the existing infrastructure and the potential to grow the business even further.

* Prime location between Long Island City and Astoria
* Established business with a loyal following
* Fully equipped with all the necessary equipment
* 6 and half year left on the lease

**Contact us today to learn more about this opportunity!**

* The bakery is located in a high-traffic area with excellent visibility.
* The bakery is surrounded by other businesses and residential buildings.
* The bakery has a very well equipped outdoor dining area.

Contact us today to schedule a viewing or to learn more about this exciting opportunity!


DETAILED INFORMATION
Location
Queens, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
9,000
Lease Expiration
01/04/2030
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The bakery has a fully organized kitchen where the goods are made. Including a convention oven, refrigerators, mixer, slicer and other appliances.
Competition
The bakery is located in a luxury building and surrounded by several others where there is an high request of fresh food and coffee.
Growth & Expansion
The business is a local coffee shop, fully independent.
Financing
$66k down 33k financed in 1 year
Support & Training
The client is keen to offer 4 weeks of free training to the buyer for the management of the actual menu if interested.
Reason for Selling
Moving out of State

BUSINESS LOCATION
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Luca Schiano di Cola
Luca Schiano di Cola