Asking Price: $99,000

Gross Revenue: $350,000

Gross Revenue Comments: Present sales average $7,500-$8,700 wk.

Cash Flow: $52,000

Cash Flow Comments: Owner Absentee, earn more if you work it

FF&E: $150,000 (Included in Asking Price)

Seller Financing: Maybe with $50,000 down

This "Attractive, 1 1/2-yr New Coffee /Sandwich Shop is open 6-days a week and is located on Busy Main Street in a "New Office Building" on the ground floor with a Separate Entrance from the Office Building and it's own Storefront Entrance with Street Exposure. This Business has just been "Reduced" by $50,000 for a quick sale. It cost over $150,000 to build from scratch and every thing is just 1 -year new. It has a "Great Location" in Jamaica Queens, just across the street from Large Government Office Buildings, Courthouses, a New Performing Arts Center and close to the Train Station with plenty of walk by traffic. Although this Cafe is mostly pick-up & take-out, it does seat 16 p and it specializes in "Fresh Brewed Coffees," Breakfast & Lunch Specialties to include; Eggs, Muffins, Pastries, Cookies, Signature Sandwiches and Panini's, Quesadilla s, Soups and Salads. The Kitchen is geared for light cooking and does not have gas ranges range hoods or deep fryers. They cook with an electric grill, electric convection oven, microwave ovens and penini grills. The current gross sales range from $7,500-$8,700 per week (includes $1,000 week catering) and currently nets $1,000 + wk + LOTTO, which was recently added to this business will greatly increase its profits and additional walk-in traffic. There is Plenty of Room for Growth, the current owner operates it Absentee and has not done much advertising or promoted deliveries. Plus, there are many additional items that can be added to the current menu to increase sales such as Fresh Juices, Ice Cream, Heroes, Burgers and Hot Dogs, etc. It is "Open 6-Days a week" from 6AM-6PM and has an 8 1/2 year lease with a Gross Rent is $6,600 mo.
For more info, call John Stefan of JS Business Brokers at 631-473-2973.

Year Established: 2007

Employees: 3 full time - 2 part time

Facilities: 1000 sq. ft., Seat-14-16, all new furniture, equipment, & kitchen, located on Busy Main Street in a "New Office Building" on the ground floor with a “Separate Entrance” from the Office Building and it's own “Storefront Entrance” with Street Exposure. It is a "Great Location" in Jamaica Queens, just across the street from Large Government Office Buildings, Courthouses, New Performing Arts Center and close to the Train Station with plenty of walk by traffic.

Market Outlook and Competition: There is “Plenty of Room for Growth,” the current owner has not advertised or promoted deliveries. “Lotto” was recently added to this business, which will greatly increase its profits and additional walk-in traffic. Plus, there are many additional items that can be added to the current menu to increase sales such as “Fresh Juices’, Ice Cream, Heroes, Burgers and Hot Dogs, etc.

Management Training and Support: Yes

Reason For Selling: Seller has other interests