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This Business has been Sold!
Closing Date: 09/12/2023
Broker: Jim Aloi
Business for Sale Summary

Coffee Shop Asset Sale in New York - 35671

Business Type: other eating & drinking places,owner financing available,restaurant/ cafes/ diners
Sold
Coffee Shop Asset Sale in New York
On September 12th 2023, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx 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 $100,000 Down Payment $75,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$75,000 Down and Balance of $25k for 5 years @ 7%

Business Description

Welcome to our absolutely gorgeous high-end ice cream and coffee shop located in a large private village, surrounded by a multi-acre hotel complex, various shops, and restaurants. Indulge in our wide selection of delicious coffees and treats. The current seller is too busy with other ventures to fully devote time to this fabulous establishment. That's why we're seeking a hands-on operator with experience to take over and maximize its potential. With a fantastic lease rent of only $3,500 per month, which includes water, garbage, and landscaping, this opportunity is even more enticing. The landlord is offering great terms to ensure your success. As a hands-on buyer, you have the potential to significantly grow the present business and achieve a net cash flow of 25%. Imagine starting your very own family business and making money from day one. The seller is currently absentee and even pays for extra staff with his profits, making this an even more attractive opportunity. The seller also has a $407k revenue which can be proven through tax statements. To secure this amazing deal, the buyer will need half of the $150,000 purchase price as a down payment. Additionally, a few months' rent security deposit, equivalent to one month's rent, and dollar-for-dollar payment for inventory will be required. Don't let this opportunity slip away. Contact Broker Jim Aloi at 631-375-4100 now and seize the chance of a lifetime. Act quickly as this magical offer won't last long!

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.