Unique & Hip Cafe in Downtown Manhattan-30858

Not Disclosed, NY
New York County

Asking Price: Annual Revenue:
$175,000 $520,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Unique & Hip Cafe in Downtown Manhattan-30858 Broker: Jay Goldman
Owner Financing is Available!
$175,000.00 Down & Please make your best all-down offer!

Quick Facts

Asking Price: $175,000
Annual Revenue: $520,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 4
BBN Listing #: 49734447
Broker Reference #: 30858

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Business Overview:

After 20 years of ownership, the sellers want to move on to business interests overseas. This unique cafe in a hip downtown location serves up bagels, lattes, omelets, salads, and much more in a very cool, antique-filled setting. Store hours are 7am to 7pm. You might want to stay open later, since there is foot traffic into the wee hours in this trendy, young Manhattan hood. You will be impressed by the great reviews the cafe gets on Yelp. 65% of gross sales are made in-store and the balance of 35% come from internet delivery orders. While the cafe only accepts cash in-store, you could dramatically increase your revenues were you to take credit card and smartphone payments. The sellers suggest that a new owner might want to get a beer & wine license. Social media initiatives could really boost the top and bottom lines. Lastly, it would be a no-brainer to offer catering. You'll find 850 square feet, both up and down. The fully-equipped kitchen comes with roof venting. The landlord stands ready to give you a brand new 10 year lease starting where the current one leaves off at just $7,600/month. Please do not say anything to the employees or customers when visiting this cafe, as they do not know it is for sale. Then, kindly email the listing broker, Jay Goldman to make an appointment for a tour of the facilities and to speak with the owner. Please obtain the address for listing 30858 before contacting Mr. Goldman. Please use email reply button of this ad to contact us.

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Reason for Selling:

After 20 years of ownership, the sellers want to move on.

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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