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Bushwick NY, 11237 $159,000

Mixed Use Commercial  

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Details ML#: 3589912  

  • Business Type: Commercial
  • Status:Active

Description

Charming Turn-Key Coffee Cafe and Bar in Bushwick! Step into a golden opportunity with this meticulously designed Coffee Cafe and Cocktail Bar, nestled in the heart of the vibrant and trendy Bushwick neighborhood in NY. This establishment isn’t just a business; it’s an experience crafted with expertise and care. With 750 sqft of interior space, a secure 6-year lease with an option to renew, and a manageable monthly rent of $3, 713.15, this cafe boasts high-quality fixtures and furnishings valued at $41, 300, and quality construction investments of $86, 976. Located in a prime spot with excellent visibility and foot traffic, it generates an annual gross income of $180, 000 and a net income of $120, 000, demonstrating substantial profitability. The business has significant growth potential with full-time operations, and comprehensive startup expenses of $153, 105 have been meticulously covered to ensure a seamless transition for new owners. Valued at $71, 095 for its goodwill and market potential, this business is offered at $159, 000, presenting a commercially sound investment that promises financial rewards and the joy of running a beloved local hotspot. Secure your future in the heart of Bushwick today!

More Property Details

Business

Fixtures & Equipment: 41300   Business Age: 2  

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