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This Business has been Sold!
Broker: Jay Goldman

Business for Sale Summary

Beautiful Cafe Pastry Shop at Prime NYC Location - 28628

Business Type: bakers & confectioners,other eating & drinking places,other food stores,best deals!,new to market,seller financing available,restaurant/ cafes
Sold
Beautiful Cafe Pastry Shop at Prime NYC Location
On , The Undersigned
Acted as the Advisor to the Deal
Jay Goldman
Jay Goldman Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, New York County NY, Queens County NY, Westchester County NY, CT, NJ
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $150,000 Down Payment $100,000
Gross Revenues $300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$100,000 Down and $50,000.00 payable over 24 months at 6%

Business Description

The founding partners of this Beautiful Cafe Pastry Shop spent $400K to build it out a year and a half ago. Due to a falling out, the remaining partner now wants to sell, as he is unwinding his business interests and heading to retirement. Run absentee, 5 part-time employees man it from 7am-6pm, 7 days/week. A full-time hands-on owner could give a lift to sales. Longer hours, some advertising, an expanded menu, and an increased focus on internet delivery orders and small party catering will help, too. A brand new 10 year lease for 500 square feet at a Prime Manhattan Location for $10K/month awaits you. Please contact listing broker Jay Goldman at Vested Business Brokers for more financial details. 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.