Upper West Side Trendy Coffee Shop with Great Reputation for Sale

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Upper West Side Trendy Coffee Shop with Great Reputation for Sale!
Asking Price:
$175,000

Gross Revenue:
$194,291
Cash Flow:
$44,328
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Trendy coffee shop that has made it's presence in the Upper West Side of Manhattan well known. This coffee shop is like no other. The very minute you walk in you feel right at home with the aroma of freshly brewed coffee in the air. Offering superior customer service along with WiFi to students nearby the University and business professionals, the ambiance and setting is just right! The business currently has 9 years left on a 10 year lease, property taxes included! They have established a great online presence during their first year of business and are gaining more attention via social media. Wine and Beer license app has been submitted to the community board to increase sales and extend business hours.

-WiFi Provided
-Hot and Cold Kitchen
-Yelp & Instagram Social Media accounts
-Grub Hub, Delivery.com, Uber Eats, Chow Now

The owners are well massaged in the Restaurant and Hospitality industries and definitely have shown it. They are willing to stay on board for a reasonable transition period.

Financials are available upon request.

About the Business

Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
500
Rent:
$3,500.00 Per Month
Facilities:
Coffee Shop was established one year ago by two individuals who have a long history in the Restaurant and Interior Design industry. Build up cost both owners up to $95,000. They have nearly perfected the business and are seeking many options for growth in business.
Growth & Expansion:
Wine and Beer license
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About the Sale

Reason For Selling:
personal
Training/Support:
4 weeks
Seller Financing:
87500.00

Listing Info

ID:
1519796
Ad Detail Views:
607

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Business Listed by

Transworld Business Advisors

Transworld Business Advisors of NY

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

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