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BRAND NEW GORGEOUS CAFE / BAKERY / RESTAURANT - Business For Sale

Manhattan, New York, United States

Listing: 341 | Ref: Unspecified | Agent: 61
Asking Price: USD $395,000.00
Gross Income: USD $1,080,000.00
Cash Flow: USD $300,000.00
Fixtures & Fittings: USD $300,000.00
Stock & Inventory: USD $5,000.00
Owner Financing: Yes
Finance Available: NEGOTIABLE. WILL SELL FOR $650 K ALL CASH or take a partner for $350k
Year Established: 2010
Trading Hours: 7AM-10PM, Owner Hours: 50
Employees: Full Time: 20, Managers: 1
Terms of Sale: Share Capital
Buy a BRAND NEW GORGEOUS CAFE / BAKERY / RESTAURANT business for sale

Business Description

GORGEOUS BRAND NEW CAFE/BAKERY/RESTAURANT ON A MAJOR AVENUE IN MANHATTAN.This is an extremely well thought out new installation that has everything one can imagine. Newly opened and already doing $ 20,000. PER WEEK !
This is a restauranteur's dream facility. Hurry! this one won't last!

Owner Qualifications
Restaurant experience helpful.

Detailed Information

Expansion Potential: UNLIMITED

Competition & Market Info: A STAND OUT AMONG THOSE IN THE NEIGHBORHOOD.

Reasons for Sale: PERSONAL PROBLEMS

Support & Training: SELLER WILL COMPLETELY TRAIN

Real Estate Information

Property Type: Leasehold

Lease Terms: 12/31/2026, 2.5% INCREASES ANNUALLY

Leasehold Rent: Lease Security: $75,000, Monthly Rent: $17,000

Premises Details: MAGNIFICENT BRAND NEW RESTAURANT FROM TOP TO BOTTOM. THERE IS ALL BRAND NEW COMPLETE COOKING AND BAKING EQUIPMENT AND ALL THE STORAGE ROOM AND WALK-IN BOXES THAT ONE WOULD CONCEIVABLY WANT, AS WELL AS ALL DINNER WARE AND UTENSILS. THIS BUILD-OUT LEAVES NOTHING TO THE IMAGINATION.

Size (Sq m or ft): 2500 sq ft

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