Owner Financing is Available!
Business Overview:
This gourmet coffee shop is located in a great town location in western Suffolk County, NY. The store is beautiful decorated, 1375 sq. ft and has seating for 40 people. They sell a variety of gourmets coffees, cappuccino, cakes, pies, pastries, salads and wraps. There is NO COOKING done in the store; everything is brought in. They do over $400,000 in annual sales with a very, very high profit margin. The owner net over $150,000 per year. There is 11 years left on the lease with rent including taxes, garbage and water of $3,493 per month. The present owners are the original owners and have been there for over 12 years. They have an asking price of $250,000 with a down payment of $125,000. They will hold the notes for the balance. They are also negotiable for an all cash transaction
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
1375 sq. ft and has seating for 40 people. There is 11 years left on the lease with rent including taxes, garbage and water of $3,493 per month.
Annual Rent $42,000. Annual Utilities $15,000. Annual Insurance $3,500. Annual Telephone $1,200. Annual Misc. $5,000.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.