124 Irving Avenue

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!