Absentee Cafe with Seller Financing

Not Disclosed, NY
Kings County


Asking Price: Annual Revenue:
$250,000 $458,442

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Absentee Cafe with Seller Financing Broker: Tom Gesimondo

Quick Facts

Asking Price: $250,000
Annual Revenue: $458,442
Net Profit: Not Disclosed
Cash Flow: $101,549
Total Debt: Not Disclosed
FF&E: $46,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 7
BBN Listing #: 750049826
Broker Reference #: 83341-850533

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Business Overview:

This organized, profitable, absentee business is the one you've been looking for. Systems and staff in place. If you're not in love with the absentee model and want to work in the business you'll have the opportunity to add another $30,000 to the bottom line. The owner has used their extensive experience in the food industry to take over this space 3 years ago and take the Gross Revenue from $394110, to $441,531 to $458,442 for 2018. This cafe is priced on performance, not potential...but potential is there for a new owner. You might consider staying open longer, as there is potential for revenue later in the evening. Either by staying open later or by renting the kitchen out for additional days. Currently they close at 5pm and rent the kitchen out 1 night per week.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Market Competition and Expansion:

Opportunity to expand hours for evening service or rent the kitchen out for additional days.

Reason for Selling:

Relocating

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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