Queens Cafe - Rent ONLY 2% of Sales

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Asking Price:
$479,000

Gross Revenue:
$988,000
Cash Flow:
$175,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$300,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Prime QUEENS, NY location in the growing healthy food niche. The gold here is the business has been open for less than 2 years and already has a strong loyal following and sales are steadily going UPWARDS. Now doing between $18,000- $20,000 per week with an un-heard of RENT of $1,500 month including all. This is NOT a mis-print! This is unheard of low rent of only 2% of sales with a long-term lease. This is truly an amazing business with all systems in place- operates like a franchise but without paying the royalties. Less than 1,000 square feet with a full basement. Owner has other interests and it is time to now sell. The location is fantastic in a great busy area of Queens. They are well staffed, and ready for a new owner to step into this turnkey opportunity and cash in. Please refer to listing #14170 when inquiring about this opportunity.

About the Business

Location:
Queens, New York
Number of Employees:
7
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1640634
Ad Detail Views:
0

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Business Listed by

Ken Stein

The Kensington Company

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