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Asking Price$199,000
Revenue$520,000 Established2018
Cash Flow$78,000 Employees3 full, 2 part
FF&E$75,000* FranchiseNo
Inventory$1,500 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This hip cafe in a trendy section of Manhattan serves breakfast, sandwiches, salads, munchies, coffees, teas & matchas, and soft drinks. It only opened for business on June 15th of this year and is already tracking to do $520K and $78K in annual revenue and profit, respectively. Monthly rent is just $2,500/month and the lease runs for another 9 years plus. Internet delivery and catering orders account for 70% of gross sales and 30% in-store. Open Monday-Friday from 7am-8pm and Saturday-Sunday from 8am-5pm, you would be well-advised to open earlier and close later. Weekly payroll is $3K. The operating partner, who has other business interests, feels his mostly silent partner is not helping out enough and is overwhelmed by the growth of the business. They have thus decided to sell. Please do not say anything to the employees or customers when visiting this location, as they do not know it's for sale. Kindly then contact the listing broker, Jay Goldman, to make an appointment to meet with the operating partner to ask some basic questions and get a full tour of the facilities. Mr. Goldman can be reached by text or phone at 917-912-3282 or email at jaygoldman@vestedbb.com. Please first go to www.vestedbb.com to become a free registered buyer under listing 32789, if you are new to Vested Business Brokers.

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Training/Support:Seller will train
Seller Financing:149,000.00 Down & $50,000.00 in seller financing at 7% over 18 months may be made available to quali
Sale Reason:The operating partner, who has other business interests, feels his mostly silent partner is not help
Ad #113976
Seller Reference #32789
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