22-20 31St St Queens, NY 11105
Property Features for 22-20 31St St
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 0.06 Acres
Source:
Elliman
Listing Agent: Moe K. Khan
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Bakery Cafe Business For Sale
This bakery cafe, situated in a high-traffic area, specializes in coffee, sandwiches, cakes, and a variety of pastries, all prepared on-site. The location is attractive and accommodates on-site dining, with online ordering available. The usable area is 3,160 square feet and includes a separate office area on the second floor, a full basement, freezers, and storage. The business generates an annual income of $1,500,000.00, with a net profit of $280,000.00 per year after all expenses. The tenant is responsible for some taxes, heat, gas, and water expenses. The lease has a term of 12 years and is renewable based on tenant performance. The asking price for the business is $1,500,000.00. All expenses can be shown to substantiate a profit of $ 280,000.00 yearly.
Location Intelligence
Current Use by Public Records
Paris Baguette
Bakery
Similar Places Nearby
Ovelia, The Teapsy, Apple House Juice Bar, Güllüoglu, Under Pressure Coffee
Location Insight
- Map
- Local Demand
- City
- Queens
- County
- Queens
- State
- New York
- Longitude
- -73.907711
- Latitude
- 40.779117
Nearby Similar for Sale
FAQs
What type of property is this?
Coffee shop - Bakery cafe in a busy area with high income.
Where is this coffee shop located?
The property is located at 22-20 31St St Queens, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: - High annual net income of $280,000.00, substantiated by expense records.; - Prime location in a very busy area.; - Established business: Paris Baguette Bakery CAFE.
