Cafe And Grill Establishment For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $596000
Net Profit / Cash Flow $103080
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1999
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller Will train
Reason for Sale Personal
Description Cozy and stylish cafe and grill on main avenue in bustling hi density neighborhood. Very popular with loyal following. Seats 40 plus bar. Great service. Large delivery and take out. Across from large retail complex. Queens neighborhood. Free WiFi. Beer and Wine. Paninis, seafood, breakfast, wraps, soups, salads, platters, burgers, sandwiches, coffee bar,brunch and breakfast. Four internet marketing sites provide many local deliveries and pickup= 50 deliveries a day. Partnership problems force sale, Owner gutted and built out business a year ago at a cost of $300,000. Sales in Jan-Feb are now $10k-$11k a week although 2010 profile is based on sales of $7-8k per week. Lease 8 years left plus 3 yr option. Call broker, Joseph Stansky for more details.
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