Coffee & Tea Room w/ Live Events in New York - 35927 Business Type: entertainment,illness forces sale!,misc. retail/non-classifiable,misc. service/non-classifiable,other eating & drinking places,bar/tavern/night clubs
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $88,000 | Down Payment | $88,000 |
| Gross Revenues | $180,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $56,000 | Number of FT Employees | Register Free to View |
Financing
$88,000 Down and Possible for a well-qualified buyer.
Business Description
This unique coffee & tea lounge doubles as a vibrant live events venue, creating multiple revenue streams and a loyal, repeat customer base. With an established brand, built-out space, and strong community presence, a new owner can step in and immediately generate income while unlocking significant upside.
Financial Snapshot:
- Gross Revenue: ~$180,000
- Seller's Cash Flow: ~$56,000
- Rent: Only $2,200/month
- Size: 1,500 sq. ft.
Key Highlights:
- Beer & wine license in place (rare for this concept)
- Fully built-out space with partial kitchen (includes convection oven)
- Established event programming and private event bookings
- Cozy, inviting atmosphere with strong customer loyalty
- Proven concept blending café culture with entertainment
Multiple Revenue Streams:
- Coffee & tea sales
- Live entertainment events
- Private party bookings
- Specialty themed nights
Event Programming Includes:
Live music, comedy shows, trivia nights, open mic, poetry readings, networking events, wine tastings, and more—driving repeat traffic and strong community engagement.
Major Growth Opportunity:
A large-scale development across the street will soon bring 2,500 employees into the immediate area, significantly increasing daily foot traffic and demand.
Additionally, the current owner operates limited hours (only 5 days/week, ~5 hours/day) due to personal circumstances—providing a clear opportunity to increase revenue by expanding hours, adding food service, or enhancing marketing.
Ideal Buyer:
Perfect for an owner-operator, entrepreneur, or creative operator looking to own a community-focused café entertainment venue with strong upside potential.
Terms:
- Asking Price reflects recent reduction for quick sale
- Seller financing available for qualified buyers
- $88K minimum liquid capital required
Serious inquiries only. NDA required for full details. All showings are by appointment only—please do not discuss the sale with staff or customers.
Contact: Mel Vaz
631-767-0157
melvaz@vestedbb.com
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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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