• Listing ID: 1268821
  • (Seller ref: 21059)

Cafe And Grill In Queens For Sale


Location:
Category:
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Type:

Listed by:


Asking price:
$175,000
Sales revenue:
$596,000
Cash flow:
$103,080
Years established:
1999
Employees:
3/4


1/3


Cozy and stylish cafe and grill on main avenue in bustling hi density neighborhood. Very popular with loyal following. Seats 40 plus bar. Great service. Large delivery and take out. Across from large retail complex. Queens neighborhood. Free WiFi. Beer and Wine. Paninis, seafood, breakfast, wraps, soups, salads, platters, burgers, sandwiches, coffee bar,brunch and breakfast. Four internet marketing sites provide many local deliveries and pickup= 50 deliveries a day. Partnership problems force sale, Owner gutted and built out business a year ago at a cost of $300,000. Sales in Jan-Feb are now $10k-$11k a week although 2010 profile is based on sales of $7-8k per week. Lease 8 years left plus 3 yr option. Contact broker, Joseph Stansky for more details.


Real Estate:
Lease

Support & training:
Seller is willing to train
Reasons for selling:
Personal
Financing available:
100,000.00 down & $75,000 @ 6% over 3 years
Furniture / Fixtures value:
$200,000
Inventory / Stock value:
$5,000

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


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