New Price*Cheap Rent Coffee Shop Corner LIC

Long Island City, NY
Queens County


Asking Price: Annual Revenue:
$260,000 $500,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: New Price*Cheap Rent Coffee Shop Corner LIC Broker: Henry Galasso

Quick Facts

Asking Price: $260,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $136,100
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2
Employees: 5
BBN Listing #: 427435273
Broker Reference #: 11469

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Business Overview:

LOCATION, LOCATION, LOCATION! Great opportunity to own a deli/cafe in Long Island City. This corner store gets tons of foot traffic and is across the street from a high school and college. The store is currently doing around $10,000 a week and is being ran semi-absentee. The owner can monitor his business from anywhere with 8 cameras that tie into his cell phone. The owner currently has 8 years left on his 10 year lease and pays $4,200 a month in rent which is a steal for the location. The owner is looking to move out of country, so he is not willing to hold any notes on the business.

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Reason for Selling:

Owner wants to move out of country.

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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