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- RE: Absentee Cafe With Seller Financing
- Contact: Tom Gesimondo
Quick Facts
Asking Price: | $210,000 | |
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 |
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.
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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 homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more New York businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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