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This Business has been Sold!
Closing Date: 02/03/2016
Broker: Syed Ahmed

Business for Sale Summary

Profitable Coffee Shop - 27377

Business Type: retailing businesses,delicatessen/catering services,other eating & drinking places,other food stores,restaurant/ cafes
Sold
Profitable Coffee Shop
On February 3rd 2016, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, Suffolk County NY
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 $95,000 Down Payment $95,000
Gross Revenues $285,300 Lease Remaining Register Free to View
Owner’s Cash Flow $87,103 Number of FT Employees Register Free to View

Financing

$95,000 Down and

Business Description

This coffee shop is located on one of the busiest roads in Queen. It opens at 6 am and closes at 3:30 pm: Monday through Saturday, Sunday is off. Rent is just $2254. Location is surrounded by the residential apartments and the commercial building, so the breakfast is extremely jam-packed. Easy to run operation. The seller wants to move to another state. Seller's net cash flow, after paying all the expenses, is $7,000 a month. 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.

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.