6 Year Old Absentee Café in Queens - NETTING $150,000
Perfectly Located Café in Sunnyside, Queens – Turnkey & Absentee-Run
Location for Platforms: Sunnyside, Queens, NY
Asking Price: $385,000
Financial Overview (Annual)
Gross Revenue: $775,000
Net Profit: $150,000
Rent: $96,000 ($8,000/month)
Payroll: $168,000
Cost of Goods Sold (COGS): $312,000
Utilities: $36,000
Insurance: $4,800
Trash Removal: $5,400
Phone & Internet: $2,400
Business Overview
This well-established café has been operating successfully for six years in one of Queens’ most desirable and high-traffic neighborhoods. Located in the heart of Sunnyside, the business benefits from dense foot traffic and a loyal, repeat customer base. With absentee ownership in place, this is a prime opportunity for an investor seeking a turnkey operation.
Key Highlights
Established Business: Six years of continuous operation
Prime Location: High-visibility street in bustling Sunnyside neighborhood
Strong Brand Presence: Recognized and frequented by locals
Absentee Operation: Owner is only involved for cash pickups and deliveries
Turnkey Setup: Fully equipped with a modern Clover POS system
Staffing: 8–9 rotating employees; typically 6 scheduled per day
Lease Terms: 5 years remaining at $8,000/month
Facility: 500 sq ft with basement storage
Menu: Bagels (wholesale-sourced), coffee, breakfast, and brunch
Growth Potential: Add dessert offerings, expand coffee and drink program, and extend operating hours
Recent Upgrades
New A/C units installed
New ice machine and under-counter dishwasher
Renovated seating area for improved customer experience
Additional Notes
No full-time manager currently in place; opportunity to promote internally for better operational control
Seller is motivated due to relocation out of state
Summary:
This is a rare chance to acquire a profitable, absentee-run café with strong local roots and room to grow. Ideal for a hands-off investor or an owner-operator ready to take it to the next level.
