Location: New York, New York
Industry: Food and Restaurants
Listing ID: 00209
This West Village gem prepares all their wholesome dishes and baked goods on premises. Their electric kitchen, baking equipment, walk-in box and ice machine are conveniently located in their immaculate 800 square foot basement.
The charming and inviting café itself has seating for 20 inside and 8 outside. It’s important to note that the rent they are currently paying is below market @$11,250/month. The lease has a Good Guy Clause and is assignable with the landlord’s approval. The original lease was for 10 years.
OWNER IS MOTIVATED TO SELL.
Gross Revenue: $715,000
Cash Flow: $160,000
FFE: $75,000 (Included in Price)
Inventory: $3,500 (Included in Price)
Reason For Sale:
Seller has another profession and can not devote any time to this venture.
Training & Support:
Will provide as necessary
Year Established: 2012
Year of Last Acquisition: 2016
Days & Hours of Operation: 7 days; 7am to 10pm
Security on Lease: 20000
Monthly Rent: $ 11,250
Square Footage: 1800
Ground level contains roomy seating for 20, ample display cases. Basement contains the electric kitchen, walk-in box, ice machine, baking facilities, supplies, etc.