Upper West Side Trendy Coffee Shop-Great Rep.
New York, NY New York County
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- RE: Upper West Side Trendy Coffee Shop-Great Rep.
- Contact: Ricardo Molina
Quick Facts
| Asking Price: | $175,000 | |
| Annual Revenue: | $194,291 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $44,328 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 4 | |
| BBN Listing #: | 933035879 | |
| Broker Reference #: | 70841-748824 |
Business Overview:
Trendy coffee shop that has made it's presence in the Upper West Side of Manhattan well known. This coffee shop is like no other. The very minute you walk in you feel right at home with the aroma of freshly brewed coffee in the air. Offering superior customer service along with WiFi to students nearby the University and business professionals, the ambiance and setting is just right! The business currently has 9 years left on a 10 year lease, property taxes included! They have established a great online presence during their first year of business and are gaining more attention via social media. Wine and Beer license app has been submitted to the community board to increase sales and extend business hours.
-WiFi Provided
-Hot and Cold Kitchen
-Yelp & Instagram Social Media accounts
-Grub Hub, Delivery.com, Uber Eats, Chow Now
The owners are well massaged in the Restaurant and Hospitality industries and definitely have shown it. They are willing to stay on board for a reasonable transition period.
Financials are available upon request.
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Property Features and Assets:
Coffee Shop was established one year ago by two individuals who have a long history in the Restaurant and Interior Design industry. Build up cost both owners up to $95,000. They have nearly perfected the business and are seeking many options for growth in business.
Market Competition and Expansion:
Wine and Beer license should be acquired by September 2018. Owners have sought contracts with nearby Hotels.
Reason for Selling:
Personal
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
Relevant Links:
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