Breakfast/Lunch Cafe for Sale in New York - 35802 Business Type: bakers & confectioners,catering and event planning,delicatessen/catering services,other eating & drinking places,other food stores,seller financing available,restaurant/ cafes/ diners
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $350,000 | Down Payment | $230,000 |
| Gross Revenues | $1,144,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $240,000 | Number of FT Employees | Register Free to View |
Financing
$230,000 Down and A note of $120,000 at 8% for 24 months
Business Description
An attractively located breakfast and lunch business is situated in the center of a bustling neighborhood in Queens.
Rent is $3,000 a month with a 10 years lease, and business hours are 7 am to 4 pm. Its gross sales are $22,000 per week.
The quality of food is well-known, and there is always a crowd of customers throughout the business hours.
The business is famous for its bakery items, and breakfast and lunch are always bustling with activity.
Inside, the seating arrangements are adequate, and the kitchen is professionally managed.
Two partners own it and now want to move to another business.
Seller financing is available. it is a once-in-a-lifetime opportunity to buy this kind of business.
After paying all the expenses, the seller's net cash flow is $240,000 per year.
For more information, call Syed at 631-374-7686 for more information.
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.
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