163 Broadway, New York, NY
PIN#M203-C-SB
The City of New York Department of Parks & Recreation ("Parks") has awarded a concession to Oasis Jimma Juice Bar LLC of 3163 Broadway, New York, NY 10027, for the Operation and Maintenance of a Café at Dag Hammarskjold Park and the Option to Operate One (1) Mobile Food Unit at Dag Hammarskjold Park, in the borough of Manhattan (“Licensed Premises”) The concession, which was solicited by a Request for Proposals, will operate pursuant to a license agreement for one (1) nine (9) year term. Concessionaire shall pay to the City license fees consisting of the greater of a guaranteed minimum annual fee versus a percentage of all income:
OPERATING YEAR MINIMUM ANNUAL FEE VS % OF ANNUAL GROSS RECEIPTS
Year 1 $ 40,000.00 vs 4%
Year 2 $ 42,000.00 vs 4%
Year 3 $ 44,100.00 vs 4%
Year 4 $ 46,305.00 vs 4%
Year 5 $ 48,620.00 vs 4%
Year 6 $ 51,051.00 vs 4%
Year 7 $ 53,604.00 vs 4%
Year 8 $ 56,284.00 vs 4%
Year 9 $ 59,098.00 vs 4%