Business for Sale

Buy A Business
Business for Sale Summary [Non-Confidential]

« Back to Previous Page

ID:20443

Restaurant Cafes

Nassau County, NY

Business Type: seller financing available,special situations,new to market,retailing businesses,other eating & drinking places,other food stores,restaurant/ cafes

Recorded Info
Print

PhotoGallery

Non-Confidencial Financial Infomation

  • Asking Price

    $180,000.00

  • Gross Revenues

    $297,000.00

  • Financing

    $ 150,000.00 Down and $30K at 6% over 60 months

  • Owner's Cash Flow

    $160,104.00

FREE MEMBER REGISTRATION
Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

This is a very comfortable and popular breakfast and lunch coffe shop. They have a prime location on the corner of an extremely busy main thoroughfare. Since they have been in this spot for over 30 years their good will and popularity is immense with regular clientele coming back on a regular basis. They pick up new customers all the time since they are surrounded by schools, clinics, retail stores, community houses of worship, firehouse, clinics and banks. Since they are only open until 3pm you could start serving dinner and your profits could only increase dramatically with the additional hours and expanded menu. Lotto could be added. There is a full useable basement with great capacity for all your storage needs. They use only the freshest ingrediants in their food preparation and the menu includes all breakfast items with scrumptious grits, home fries, french toast, pancakes, waffles etc. etc. etc. They have many varieties of sandwiches as well as burgers and paninis, salads and numerous delicious side dishes like corned beef hash and turkey sausage. The rent is reasonable at $2583 per month and gross sales are approximately $300K. The place has everything you would need to expand the menu and a partial list of their clean and well kept equipment includes: 2 fryers, 1 chest freezer, 2 refrigerators, 2 dishwashers, commerical grill and broiler, 6 burners, slicer, 2 soda showcases-one for juice and one for soda, Boar's Head Meat showcase, This is one fine coffe shop and you would immediately reap the benefit of their amazing popularity and support from the local neighborhood.

vbb