Modern Coffeehouse at Corner Location in Manhattan - 33147 Business Type: art galleries,bagel stores,catering and event planning,delicatessen/catering services,misc. retail/non-classifiable,nutrition & health food,other eating & drinking places,owner financing available,restaurant/ cafes/ diners
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $80,000 | Down Payment | $50,000 |
| Gross Revenues | $260,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $56,000 | Number of FT Employees | Register Free to View |
Financing
$50,000 Down and The seller may be willing to finance up to $30K at 6% over 24 months
Business Description
Price Just Dropped by $60K Due to Mandatory Closing During the Covid-19 Pandemic. If you're in search of a Modern Coffeehouse at a Corner Location in one of Manhattan's hippest neighborhoods, look no further! This one provides ample seating, delicious menu items, fresh coffee and teas, beer and wine, house made crepes, and seasonal specials.It's a great place to work, grab brunch, lunch, or dinner, people watch, and enjoy all that this neighborhood has to offer. You would be well-advised to offer internet delivery service, add sidewalk seating, and do more social media advertising to increase revenues and profits. After 7 years, the founder/operating owner of this coffeehouse is eager to pursue a totally different career path and would like to hand over the reins to someone who will carry on the tradition and take it to the next level. She is willing to provide some transitional support and training. Please contact the listing broker, Jay Goldman, to make an appointment to speak with the seller and get a full tour of the facilities.Mr. Goldman can be reached at jaygoldman@vestedbb.com. Please first go to www.vestedbb.com to become a free registered buyer under listing 33147, if you are new to Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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