6 Year Old Absentee Cafe in Queens - NETTING $150,000
Business Description
Perfectly Located Cafe in Sunnyside, Queens – Turnkey & Absentee-Run
Location for Platforms: Sunnyside, Queens, NY
Asking Price: $385,000
Financial Overview (Annual)
Gross Revenue: $775,000
Net Profit: $150,000
Rent: $96,000 ($8,000/month)
Payroll: $168,000
Cost of Goods Sold (COGS): $312,000
Utilities: $36,000
Insurance: $4,800
Trash Removal: $5,400
Phone & Internet: $2,400
Business Overview
This well-established cafe has been operating successfully for six years in one of Queens’ most desirable and high-traffic neighborhoods. Located in the heart of Sunnyside, the business benefits from dense foot traffic and a loyal, repeat customer base. With absentee ownership in place, this is a prime opportunity for an investor seeking a turnkey operation.
Key Highlights
Established Business: Six years of continuous operation
Prime Location: High-visibility street in bustling Sunnyside neighborhood
Strong Brand Presence: Recognized and frequented by locals
Absentee Operation: Owner is only involved for cash pickups and deliveries
Turnkey Setup: Fully equipped with a modern Clover POS system
Staffing: 8–9 rotating employees; typically 6 scheduled per day
Lease Terms: 5 years remaining at $8,000/month
Facility: 500 sq ft with basement storage
Menu: Bagels (wholesale-sourced), coffee, breakfast, and brunch
Growth Potential: Add dessert offerings, expand coffee and drink program, and extend operating hours
Recent Upgrades
New A/C units installed
New ice machine and under-counter dishwasher
Renovated seating area for improved customer experience
Additional Notes
No full-time manager currently in place; opportunity to promote internally for better operational control
Seller is motivated due to relocation out of state
Summary:
This is a rare chance to acquire a profitable, absentee-run cafe with strong local roots and room to grow. Ideal for a hands-off investor or an owner-operator ready to take it to the next level.
Location for Platforms: Sunnyside, Queens, NY
Asking Price: $385,000
Financial Overview (Annual)
Gross Revenue: $775,000
Net Profit: $150,000
Rent: $96,000 ($8,000/month)
Payroll: $168,000
Cost of Goods Sold (COGS): $312,000
Utilities: $36,000
Insurance: $4,800
Trash Removal: $5,400
Phone & Internet: $2,400
Business Overview
This well-established cafe has been operating successfully for six years in one of Queens’ most desirable and high-traffic neighborhoods. Located in the heart of Sunnyside, the business benefits from dense foot traffic and a loyal, repeat customer base. With absentee ownership in place, this is a prime opportunity for an investor seeking a turnkey operation.
Key Highlights
Established Business: Six years of continuous operation
Prime Location: High-visibility street in bustling Sunnyside neighborhood
Strong Brand Presence: Recognized and frequented by locals
Absentee Operation: Owner is only involved for cash pickups and deliveries
Turnkey Setup: Fully equipped with a modern Clover POS system
Staffing: 8–9 rotating employees; typically 6 scheduled per day
Lease Terms: 5 years remaining at $8,000/month
Facility: 500 sq ft with basement storage
Menu: Bagels (wholesale-sourced), coffee, breakfast, and brunch
Growth Potential: Add dessert offerings, expand coffee and drink program, and extend operating hours
Recent Upgrades
New A/C units installed
New ice machine and under-counter dishwasher
Renovated seating area for improved customer experience
Additional Notes
No full-time manager currently in place; opportunity to promote internally for better operational control
Seller is motivated due to relocation out of state
Summary:
This is a rare chance to acquire a profitable, absentee-run cafe with strong local roots and room to grow. Ideal for a hands-off investor or an owner-operator ready to take it to the next level.
Listing Info
- ID
- 2397158
- Listing Views
- 352
Listing ID: 2397158 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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