HS Listing ID-71573
Asking Price: $330,000
Reason for Sale: Owner has a long commute and wants to focus on business closer to him.
Years in Business: Approximately 2 years
Ownership Structure:
Semi-absentee ownership. Owner primarily handles ordering supplies and payroll management. Staff runs daily operations.
Lease Terms:
10-year lease
Monthly Rent: $18,000
Financial Overview:
Gross Revenue: Approximately $60,000/month
Annual Gross Revenue: Approximately $720,000
Estimated SDE/Net: Approximately $125K–$145K annually (to verify with books/tax returns)
Monthly Expenses:
Payroll: ~$17,000
Coffee/Supplies from Franchisor: ~$7,000
Misc Supplies (napkins/forks/etc.): ~$1,200
Electric: ~$1,000
Insurance: ~$2,000
Marketing: ~$500
Business Highlights:
Prime Midtown Manhattan / Times Square location
Trending coffee concept
Modern turnkey buildout
Long-term lease security
Semi-absentee operational structure
Strong foot traffic area
Established branding/franchise presence
Opportunity to scale delivery/catering/social media marketing
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
