Breakfast & Coffee Restaurant/Cafe
Asking Price: | $269,000 |
Gross Revenue: | $750,000 |
Established Year: | 2020 |
Cash Flow: | $140,000 |
FF&E: | $165,000 |
LISTING ID # 36460
Breakfast & Coffee Restaurant & Café. Major Price Reduction! Well-branded and beautifully decorated, this space has become a new hotspot in Suffolk County, New York. They offer limited hours, specializing in breakfast and coffee items as well as a beer & wine license. They offer 2,400 sf of space with seating for 100 inside and an additional 50 outside. A new owner can easily extend hours for lunch and dinner, if desired. The space is fully equipped with a large kitchen. All furniture, fixtures and equipment were fully replaced just 4 years ago. In fact, this shopping center has its own private parking lot for 40 cars. That is unheard-of in this area, which is entirely metered parking. In the past year the business grossed approx. $740,000 with an owner’s cash flow of approx. $140K. There are 16 years left on the current lease with a rent of $7,604/mth. We are seeking a serious and qualified buyer with at least $200k in liquid funds and some restaurant background. Proof of funds will be requested prior to a buyer-seller conference call or meeting. All meetings must be scheduled by appointment only!
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