Business Summary

Listing Details

Gross Revenue: $ 974,000

Cash Flow: $ 250,000

FFE: $ 150,000 (Included in Price)

Inventory: $ 12,000

Reason for Sale:

Seller wants to expand other ventures and has no time for the cafe.

Operations

Year Established: 2002

Days & Hours of Operation: 7AM-6PM

Employees: 7 Full Time

Absentee Owner: No

Location

Lease Expire: 0000-00-00

Monthly Rent: $ 92,241

Square Footage: 1200

Facilities:

The ground floor space is 800 sq. ft., the basement with cooking facilities and storage is 400 sq. ft. Seating is available for 35. The warm, homey, friendly atmosphere and fine foods helped to create this cafe into a neighborhood brand name.

Summary

Business Description:

An Upper East Side gem. Turn key with very good landlord that wants to keep the integrity of this residential neighborhood. Loyal customer base. With a blend of 4 schools, hospitals, a ConEd facility and Sotherby's within this populated upscale neighborhood, you couldn't ask for a better location.

Potential Growth:

Cafe closes at 6PM. This is an excellent opportunity to create a wine bar. The residents and people employed at all the surrounding businesses would love it.

Property Details