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Breakfast / Lunch Cafe In The Center Of Town
| Asking Price: | $190,000 | Inventory: | $2,700 ** |
| Gross Revenue: | $390,000 | Real Estate: | n/a |
| Cash Flow: | $110,000 | FF&E: | $127,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Full Description: Great opportunity to own a contemporary cafe in an affluent northern NJ town. Open just 7 hrs per day makes this a great biz for someone who wants to enjoy their free time or expand the concept with dinner and increase profits drastically. A++++ location makes this a no brainer. Huge foot traffic, visibility, etc. Current owner / operator takes home $110k a year while open just 7 hours per day! Concept is set up to start selling franchises immediately! Owner has done all the hard work and spent all the money to get it ready to roll out franchises.
About the Business
Year Established:2002
Employees:4 full time -
Facilities:Facilities: Fantastic location in the heart of an affluent northern NJ town. 1600 sq. ft. plus a full basement that serves as prep area and has plenty of room for expansion (catering???). 45 seats, upscale decor. Outdoor seating area available.
Lease: Seven years available. $4300 per month includes all extras (taxes, CAM, etc)
Market Outlook and Competition:Market: Highly sought after market - affluent northern NJ town with plenty of disposable income. This business is perfectly positioned within the market with popular concept in great location. Growth: This opportunity is all about getting in at a very reasonable price and then reaping the benefits of the huge upside that is available. Current operating hours are just 7 hrs per day (breakfast and lunch) which means adding a dinner business is like printing money. Also, huge opportunity for catering! Last but not least...the concept is all set up to sell franchises. You could start selling franchises within a few days of ownership - all the hard (and expensive) work is done!
About the Sale
Management Training and Support:Training: Owner will provide hands on training for two weeks plus an additional 30 days of phone support. If buyer requests more training, owner will accommodate.
Reason For Selling:Reason: Owner has more than one location and has decided to cut back on their work load.
Seller Financing:Financing: Owner is willing to consider financing options.
Attached Files - Attachment Disclaimer
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Current Search
State: New Jersey
County: Union Next Listing: NEIGHBORHOOD TAVERN WITH REAL ESTATE & LIQ. LICENSE
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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