Flowers Cafe For Sale at 355 Grand Street

Posted on: February 23rd, 2010 at 6:12 am by

The other day, we happened upon this NYCRS real estate listing [pdf] for 355 Grand Street, at the southwest corner of Essex.  From the look of it, Flowers Cafe, the quaint pop culture-themed coffee shop located inside the ground level, is up for sale. Asking price is $375,000 in key money.

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Situated on such a high-profile corner, it would be nice if the space remained an independent cafe and not some Dunkin’ Starbucks monstrosity.

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Here’s the listing:

  • APPROX. 800 SF ON THE GROUND
  • 400 SQ IN THE BASEMENT
  • Asking $5,000 per month next three years, then going to $5500 for remaining five years of eight-year lease.

    This is an operating business. A great corner cafe serving coffee/cappuccino, sandwiches, salads, soups, ice cream and bakery items. Business generates between $28K-$38K per month.

    19,000 apartments in the immediate vicinity.

    All equipment and interiors stay and included in sale price. Great turnkey operation for cafe owner.

    KEY MONEY $375,000

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