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Business Sales & Acquisitions

Cafe West Village

Price: $150,000

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.

Listing Details

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

Operation

Year Established: 2012

Year of Last Acquisition: 2016

Days & Hours of Operation: 7 days; 7am to 10pm

Employees: 6

Location

Security on Lease: 20000

Monthly Rent: $ 11,250

Square Footage: 1800

Facilities Information:

Ground level contains roomy seating for 20, ample display cases. Basement contains the electric kitchen, walk-in box, ice machine, baking facilities, supplies, etc.