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Prime Queens Coffee Shop - High Traffic, Turnkey Opportunity!

Queens, NY
Asking Price:$50,000
Inventory:$5,000
EBITDA:$84,800
Established Year:2021
Gross Revenue:$212,000
Rent:$5,000/Month
FF&E:$25,000
Listing ID: 2244728Listing provided by BizBuySell
BUSINESS DESCRIPTION

Up to 200 transactions per day M-F, with room to grow.

Location Info:
Address: 91-14 59th Ave, Rego Park/Elmhurst, NY 11373
Landmarks: Between Queens BLVD & 92nd Street, across from Queens Center mall, near the Long Island Expressway (Exit 19)
Food Retail Corridor: Close to Shake Shack, Cheesecake Factory, Olive Garden, Mama’s Empanadas, Fogo de Chao, and more

Lease Information:
Lease Term: Until August 31, 2030, with potential for extension
Lease Payment: $5,000/month, with 4% annual escalation starting September 1
Security Deposit: $14,000

Built Out:
Dimensions: 9.6’ x 12.8’ (Width x Depth)
Ceiling Height: 10’
Design: U-shape design, glass door, large service window, new roof, gray tile from floor to ceiling

Included Equipment:
HVAC: Mitsubishi Electric PUMY-P48NKMU2 4 Ton
Coffee Machines:
Fetco XTS Touchscreen Double Coffee Brewer CBS-2152XTS-1.5G with two 1-gallon coffee urns
Fetco GR 2.2 Coffee Grinder
Refrigeration:
Spartan SBBB 79 SL (3 doors, 79 inches wide)
Sumit SP6DBS-2D-7 (lowboy 2 drawer)
MoTak MSD-1DR-BAL-12 One Section Reach In Refrigerator (24.75 inches wide)
Other Equipment:
SMAD HZB-45 Ice Machine (100 lbs)
Vitamix Commercial 36019 The Quiet One 48 oz blender
Crathco D153 5 Gallon Cold Beverage Dispenser
Hobart LxiH Dishwasher
Galaxy MilkShake Mixer
POS Square Register
Custom Plexiglass airtight case
Sonos Amp with indoor & outdoor speakers
4x Gen 1 Nest Camera

Available Equipment for purchase:
- Thermoplan Black & White 3 (super automatic)
- Turbochef Sota Convection Oven

DETAILED INFORMATION
Location
Queens, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
125
Lease Expiration
31/08/2030
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
In the sale, we are offering you this highly coveted lease and below-market price with our brand-name equipment at heavily discounted rates. Details are listed in the description.
Competition
The store/kiosk is located across the street from Queens Center Mall and is situated in front of the Q38 bus stop. The blocks surrounding the store are densely populated, which brings a lot of foot traffic to the area. Besides the mall, there are many food retailers nearby, including Shake Shack, Cheesecake Factory, Olive Garden, Mama’s Empanadas, Fogo de Chao, and more.
Growth & Expansion
The opportunity moving forward is to better target the Hispanic community and bring in coffee and foods that they identify with better. There is also a tremendous opportunity for delivery into the mall, directly across the street, where consumers are known to pay much higher prices.
Support & Training
Post-sale, we are happy to offer training and consulting on how best to utilize the space and equipment. Additionally, we can put you in touch with all of our suppliers and vendors.
Reason for Selling
Relocating
Franchise
This business is an established franchise
BUSINESS LOCATION
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Eli Naim
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Eli Naim
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