Long Island North Shore Cafe In Affluent Town
Asking Price: | $400,000 |
Gross Revenue: | $936,000 |
Cash Flow: | $130,000 |
**NDA Required for address**
NOTE: Yes, it is still available. If interested, please complete the form to continue : https://forms.gle/YtfSKvYrj6jazB4y7
Business Highlights:
- Located in Long Islands North Shore in an affluent town
- Features full coffee bar, dining area, full kitchen and 1800 sqft commercial grade bakery in basement (3600 sqft total)
- Seats 40 people
- Holds 1 of 2 liquor/wine licenses in the town
- Local town favorite
- Beautiful build out from 2020, features an aesthetically pleasing environment
Financial Info:
YTD Sales: $790,000 (Jan - Oct 2024)
Weekly Sales: $20,000 avg.
Rent: $4200/month (2% increases)
Term: 10 year term (3 additional 5-year options)
Utility Cost:
PSEG- Avg $2,100/month
Nation Grid - Avg $1,000 per month
Water - Avg $120/month
Garbage - $314/ month
Grease Trap Removal - $450 every 6 months
Septic - $1,000 per 6 months average
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