Turnkey Café/Restaurant/Bar opportunity:Fully Equipped, Prime Location

Asking Price$530,000

Cash Flow
$1,300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,300,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Turnkey Café/Restaurant/Bar opportunity:Fully Equipped, Prime Location


Asking Price$530,000

Cash Flow
$1,300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,300,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
TURNKEY CAFÉ/RESTAURANT/BAR OPPORTUNITY - PRIME QUEENS LOCATION

Established dual-concept restaurant in thriving Long Island City offering exceptional investment opportunity. This innovative "Early Coffee, Late Alcohol" concept successfully captures both daytime café and evening bar markets, generating strong revenue streams throughout operating hours.

FINANCIAL PERFORMANCE:
• Annual Revenue: $1,300,000
• Monthly Rent: $12,000
• Asking Price: $530,000 (negotiable)
• Established 2023 with proven track record
• Absentee owner operation demonstrating strong management systems

BUSINESS CONCEPT:
• Daytime: Specialty coffee and brunch service
• Evening: Craft cocktails and bar atmosphere
• Dual revenue streams maximize location utilization
• High-margin beverage focus with full liquor license included

LOCATION ADVANTAGES:
• Prime Long Island City corner location
• Excellent subway accessibility
• Surrounded by luxury residential towers
• High foot traffic area with strong spending demographics
• Retail vacancy under 5% indicating stable market conditions

FACILITY FEATURES:
• Newly renovated turnkey operation
• Fully equipped commercial kitchen
• Complete bar setup with full liquor license
• Modern, stylish interior design
• Strong social media presence established
• Inventory included in sale

MARKET OPPORTUNITY:
• Long Island City is experiencing rapid population growth
• Thousands of new residential units driving demand
• Strong young professional community
• Established loyal upscale clientele
• Proven concept with consistent profitability

GROWTH POTENTIAL:
• Expanding residential and commercial development
• Increasing demand for quality food and beverage experiences
• Stable rent environment supporting long-term profitability
• Option to retain existing operations team for seamless transition

This turnkey opportunity offers investors or operators immediate entry into one of NYC's most dynamic dining markets with established systems, proven concept, and strong financial performance. The dual-concept model provides operational flexibility and revenue diversification ideal for maximizing location potential.
About the Business
Years in Operation
2
Employees
9 (5 Full-time, 4 Part-time)
Currently Home Based
Yes
Market Outlook / Competition
For Sale?NYC LIC “Early Coffee, Late Alcohol” Café-Bar
Annual revenue $1.3 M ? Asking $530 K (negotiable) ? Full Liquor License ?
Prime Long Island City corner with subway access, surrounded by luxury towers—high foot traffic & strong spending power.
Daytime specialty coffee & brunch, nighttime cocktail bar — high-margin, proven dual-concept brand.
Newly renovated, fully equipped kitchen & bar, stylish design with strong social-media buzz.
Consistent profit, loyal upscale clientele, turnkey operation; ideal for investors or operators.
Opportunities for Growth
Long Island City has become one of New York’s most active dining and café destinations. Rapid population growth, thousands of new residential units, and a strong young professional community are driving daily demand for quality food and beverage experiences. With retail vacancy under 5% and steady rent growth, the area offers one of NYC’s most stable restaurant markets — ideal for operators focused on all-day café, brunch, and lifestyle dining concepts.
Listing Info
ID
2437952
Listing Views
114
Attached DocumentsAttachment Disclaimer

LATELY CAFE INC.-Certificate of Incorporation(2).pdf

Business Location

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Business Listed by: Eric Lee

Listing ID: 2437952 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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