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Business Sales & Acquisitions

Dessert/Coffee Bar — Absentee Owner

Price: $150,000

Location: Manhattan -- Upper East Side

Industry: Food and Restaurants

Listing ID: 00227

Serving delicious desserts accompanied by coffees and teas, this business was started with a branding concept in mind. But after just one year, the absentee owner has been given an opportunity out of the country and has decided to move and sell this turn-key dessert bar after having invested in a beautiful build-out. After only 1 year and as an absentee owner, he has a small profit with great expectations for a buyer, especially one interested in participating in the day to day running of the business. With a little marketing in the high-end neighborhood it’s located in, the business will flourish.

Listing Details

Gross Revenue: $408,000

Cash Flow: $36,000

FFE: $80,000 (Included in Price)

Inventory: $8,000

Reason For Sale:

Moving out of country.

Training & Support:

Will provide as necessary.

Operation

Year Established: 2018

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

Employees: 6

Absentee Owner?: Yes

Location

Monthly Rent: 11400

Square Footage: 1500

Facilities Information:

Brand new build-out with room to spare for additional seating,but most of the patrons line up to buy coffee and dessert and leave for work or order deliveries. The ground floor is 1,150 sf and the basement is 350 sf with a walk-in box and 2 refrigerators.

Summary

Potential Growth:

After just one year the revenues keep escalating. Marketing in this high-end neighborhood will pay off big time.