Coffee/Dessert Bar -- Absentee Owner

Contact Seller
Asking Price:
$150,000

Gross Revenue:
$408,000
Cash Flow:
$36,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$8,000
not included in asking price

FF&E:
$80,000
included in asking price

Real Estate:
 Not Disclosed

Share this business:

Business Description

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.

About the Business

Year Established:
2018
Number of Employees:
6
Facilities:
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.
Growth & Expansion:
After just one year the revenues keep escalating. Marketing in this high-end neighborhood will pay off big time.
Contact the Seller

About the Sale

Reason For Selling:
Moving out of country
Training/Support:
Will provide as necessary.

Listing Info

ID:
1579006
Ad Detail Views:
0

Contact the Seller
$
Please confirm you're not a robot
Contact the Seller
Business Listed by

Sid Mollin

Inbar Group Inc

 Show Phone Number

View My 19 Active Listings
Sponsoring Broker:

Jay M. Inbar,Certified Mergers &Acquisition Pro
Inbar Group Inc - Business Brokers

U.S. Census Data for New York County, NY
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for New York County, NY
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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.