Asking Price: $175,000 Gross Revenue: $386,700Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
An opportunity of a lifetime — the chance to own a standing business in one of the most sought after neighborhoods in Brooklyn. Elk Cafe is located in Windsor Terrace, directly across the street from Prospect Park making it a prime location for foot traffic. Elk gives coffee shop goers an opportunity to enjoy a cup of coffee and baked delights that are brought in fresh daily. There is also a working wood-burning fireplace. Elk offers a chic and rustic coffee shop atmosphere with direct views of Prospect Park. Indoor and outdoor seating are both available which allows for high and consistent business throughout the year. Whether your stopping in for a meeting or before a stroll to the playground, Elk is the perfect environment and a staple in the community. Elk Cafe is also conveniently located by public transportation and a shopping hub along Prospect Park Southwest. This Park Slope vital could be your thriving business. Turnkey with all of its essentials, plus not to mention lively social media handles. There are also regularly scheduled events, including weddings and Mommy and Me classes. Assume the current lease at $4,755.27 with option to extend for 5 years +. The kitchen is not (currently) vented. 1,398sqft plus apx. exterior 1,107sqft. Basement is Apx. 756sqft Don't miss this one. Ceiling height in cafe is 9'-10" and ceiling height in full basement is 7'... Key Money Sale.
Contact me for further details regarding this opportunity
Amazing Opportunity Coffee Shop Facing Prospect Park
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 & Conditions.