Popular Bakery and Cafe next to Train Station

Not Disclosed, NY
Queens County

Asking Price: Annual Revenue:
$100,000 $384,000

Food & Beverage: Coffee, Cafe, Dessert

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RE: Popular Bakery and Cafe next to Train Station Broker: Sherry Wang

Quick Facts

Asking Price: $100,000
Annual Revenue: $384,000
Net Profit: Not Disclosed
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 652852376
Broker Reference #: 86471-89512

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Business Overview:

This profitable bakery and cafe is located at one of the busiest neighborhood on the border of Queens and Brooklyn, right next to a train station, high traffic both walking and driving. Current owner designed the whole menu and would like to teach the new owner everything. It has dine-in, delivery, takeout, and catering options, and receives 60-70 delivery orders every day. The kitchen is fully equipped and it has a full basement with 2 walk-in frozen storage. The rent is only $1,700 for such a big place, incredibly low for this prime location. This is a great turn key business for anyone who wants to have their own café shop, or expand an existing business.

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Market Competition and Expansion:

Very limited competitions nearby. Currently the owner is only doing breakfast and lunch, and close the café at 5:30 pm due to family reason. A new owner can extend the business hour to cover the dinner time. The revenue can be increased at least 20-30% by doing that. The ATM machine inside the shop brings in a lot of extra customers too. The current owner is a semi-absentee owner. If the new owner can be an owner-operator, there will be less payroll expenses and more owner’s profit.

Reason for Selling:

Other business interests.

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.

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