Description

Suffolk North Shore Main St Trendy Coffee Cafe. Fully turn key with , this location is being ran 100% absentee and the current owners are pulling $160k a year in profit. These financials are for 2022. Sales for 2023 increased to $965K. Imagine if an experienced owner operator or an eager first time buyer were hands on at this amazing location. The net profit would increase drastically. Serving Coffee , hot and cold beverages , breakfast & lunch from 7am-4pm Mon-Thur / 7am-5pm Fri , Sat & Sun. You can extend the hrs & also add catering which the kitchen is fully equipped to handle will increase sales instantly. The atmosphere , excellent service , excellent food , with a fully trained staff in place makes for the perfect combination for a new owner to come in and start making money. This location is perfect with the amount of traffic that walk and drive by Day & Night. Owner is not sure about selling the name with the location but will discuss with a qualified buyer. Fully renovated with over $350k in FF&E. Very low rent for this location with a new 10 yr lease.

Property Information

  • Listing Number: 12197
  • State: New york
  • County: Suffolk

Financial Information

  • Asking Price:$489,000
  • Gross Income:$835,057
  • Cash Flow:$160,472

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