Highly Regarded And Profitable Bistro/Coffee Shop For Sale - Business for Sale
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Bistro and Coffee Shop in Nassau County, NY
NY, US
Added 1 day ago
Bistro/Coffee Shop
Absentee / Semi-Absentee
Bistro and coffee shop serving coffee drinks, sandwiches, and salads with absentee ownership and an experienced manager, located in Nassau County, NY.
Key Information
Asking
$479K
Revenue
$1.4M
Earnings
$225K
Multiple
2.1x
Key Highlights
- Average weekly sales: approximately $28,000
- Average weekly guest count: over 1,300 guests
- Current monthly rent: $4,369
- 7 years remaining on current lease with three additional 5-year renewal options and 2% annual rent escalations
- Annual labor expense: approximately $356,000
- Combined annual expenses for linen, trash removal, repairs & maintenance, and insurance: approximately $41,000
- Business operates under fully absentee ownership with an experienced manager willing to remain post-sale
- Seller financing available with 50% down payment; seller will hold a note for the remaining balance
- Located in Nassau County, NY
Contact Info
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