Business Summary

Listing Details

Gross Revenue: $ 375,000

Cash Flow: $ 125,000

FFE: $ 50,000 (Included in Price)

Reason for Sale:

To develop Licensing concept and expand using their Brand. Currently owns three cafes with same Brand & concept. Since this is their first sale, owner will not charge a licensing fee, however, buyer must use their coffee supplier and if buyer chooses to sell at some point in the future, buyer must give right of first refusal to seller and buyer can not use coffee supplier in any other venture.

The buyer has the option not to accept the Licensing Agreement and change the concept of this cafe to their liking if buyer likes the location.

Training & Support:

Will provide as necessary.

Operations

Year Established: 2010

Days & Hours of Operation: 7 days, 8am to 10:30pm

Owner Hours: Minimal

Employees: 3

Absentee Owner: No

Location

Lease Expire: 0000-00-00

Monthly Rent: $ 3,200

Square Footage: 450

Facilities:

The feeling is low key, quaint, and rustic. Located on the Lower East Side. A place to chill. 450sf

Summary

Business Description:

A friendly place to chill and have a great cup of coffee or one of their many teas with their specialty croissants, pastries, sandwiches/ pannini's, bagels or salads.

The atmosphere and decor are homey and one of a kind. In addition, a 22 story apartment building is scheduled to be built just 50 yards from their location. What a bonanza! Located on the Lower East Side.

Property Details