• Listing ID: 1179408
  • (Seller ref: 100400543)

Bakery And Cafe In New York City For Sale


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Asking price:
$450,000
Sales revenue:
$1,508,000
Cash flow:
$260,000
Years established:
7
Employees:
9

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Owner extremely motivated!!! Make an offer!!!
Established bakery / cafe located on the best corner in chelsea, nyc!! Extremely profitable, currently run 100% absentee. $450,000 of equipment included in price! Owner is basically giving away business as a result of a family issue. Build-out was $650,000 in 2004. Currently doing $30,000 in sales per week which equates to $8,000 cash flow per week!!! Open 24 hours a day, 7 days a week. This will not last!!!


Real Estate:
Lease
Lease terms:
5 yr with 5 option
Leasehold rent:
$258,000 per annum
Location:
best corner of Chelsea
Premises details:
corner attached
Size in square feet:
800

Expansion potential:
will consider selling adjacent space in addition to corner space
Planning consent:
various options available
Support & training:
2 weeks
Reasons for selling:
Partner Dispute
Trading hours:
24-7

For more information about this business for sale, click the Contact Seller button.


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