UES ‘Cash Cow Coffee Shop’ For Sale

This ad, attempting to attract buyers to a “Cash Cow Coffee Shop” on the Upper East Side, recently hit our inbox. 

A pristine and trendy cafe opened in 1998. It has a full kitchen and espresso bar, and provides all manner of coffee, espresso, cold drinks, pastries and panini. The lease is valid through April 2012. The owner purchased all new equipment (oven, stove, refrigerators, bakery cases) when he opened the cafe. The owner works full-time in the business and also has 3 full-time and 1 part-time employees. Although small, the charm of the facility is able to generate a very high revenue per square foot.

Asking Price Range: $250K – $500K
Gross Revenues: $312,010
Cash Flow: $147,919
Cash Flow Type: Sellers Discretionary Cash
Inventory: $80,000
Seller Financing: Yes

About The Business
Year Established: 1998
Number of Employees: 4 – 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease

The only thing, no location details. So, where is this!?  Please hit the comments with educated (or uneducated) guesses.

More:
Cash Cow Coffee Shop – Upper East Side [Globalbx]

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4 Comments

Filed under General

4 responses to “UES ‘Cash Cow Coffee Shop’ For Sale

  1. Todd

    There is a coffee shop at 78th and 3rd I always walk by and think, “I should try that place.” I never do, which is why I think it might be the shop up for sale.

  2. marie

    Maybe Beannochio’s on York?

    or DTUT? I know they were closing.

    The place Todd mentions is a “Crumbs” I think.

  3. CK

    I am in thinking it could be either one of the places Marie mentioned or possibly The Telegraph Cafe on 72nd, near corner of 2nd.

  4. Lizard

    I agree w/CK’s guess. Love Telegraph, went by today and the windows are covered in brown paper. The couple who own it are such nice people. I hope everything’s okay and it’s another shop for sale.

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