2 Coffee Shops For Sale For The Price Of One! New York Locations New York, NY 10021
- Retail properties
- 500 SF
Current Use by Public Records
- Retail properties
Property Details for 0 2 Coffee Shops For Sale For The Price Of One! New York Locations
- Year built
- 2022
- Property size
- 500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional opportunity presents two established coffee shops in New York City (zip code 10021), ideally situated for high foot traffic. Boasting combined 2023 sales exceeding $452,000 and projected 2024 sales surpassing $679,000, these businesses demonstrate significant growth potential. Each 250 square foot location benefits from a low monthly rent of $3,000, contributing to strong profit margins. The sale includes all equipment necessary for immediate operation, encompassing espresso machines, freezers, coffee machines, display and tap fridges, and grinders. Ten experienced employees are currently in place, ensuring a smooth transition for the new owner. The lease extends until January 1, 2031, providing long-term stability. While the sale price includes the current brand name, a licensing agreement is required to maintain brand consistency and access ongoing support and training. This is an asset sale, and seller financing is not available. Inventory is not included in the asking price of $199,000. The shops were established in 2022 and benefit from a loyal customer base and rave reviews. An owner-operator could significantly increase sales and profits. This is a rare opportunity to acquire a profitable, established business in a prime New York City location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.958
- Latitude
- 40.7701
