Business Summary

Asking Price: $3,250,000
Gross Income: Not Disclosed
Cash Flow: Not Disclosed
EBITDA: N/ A
FF&E: $2,700,000
Inventory: $10,000
Real Estate: N/ A
Established: 2012
Employees: N/ A

Business Description

New to Market. KEY MONEY 5500 SF Fine Food Store just completed with brand new build-out. Located on 5th Avenue with tons of exposure in the Flatiron district. Currently operating with Grocery / Crepe Section/ Sushi Bar/ Salad Bar/ Cheese section/ Coffee/ Godiva section. Also has second floor cafeteria, wine bar, sushi restaurant,bakery, sandwich section and Outdoor seating for 45 people. Long and favorable under-market lease at $15,550 a month with 1.5% increases .Approved for 24 hour operation. Wine, Beer and Liquor license also approved for this location. All other permits and licensing approved. Full Basement 1000 SF with walk-ins and prep areas. Will suit many franchise businesses. 2 Apartments upstairs included in Rent. One currently occupied for almost $4,000 income per month. Near many apartments and major hotels. This is a MUST SEE LOCATION WITH TREMENDOUS POTENTIAL FOR RIGHT OWNER. TONS OF OPPORTUNITY TO KEEP BUSINESS AS IS OR CHANGE TO RESTAURANT/ WINE BAR/ CAFE.
Outdoor open till 12 am. Kitchen can serve up to 100 ppl. Full liquor license. Franchise ready. 2 Apartments with separate upstairs (currently one rented for 3,290 a month) other vacant. Part of lease.

Approved for 24 hour operation.

Detailed Information

Inventory:Included in asking price

Furniture, Fixtures, & Equipment (FF&E):Included in asking price.

Competition: Au Bon cafe across street.

Support & Training: 2 Weeks

Reason for Selling: Other Business Interests.

Property Details