A rare opportunity to acquire a 45-year-established, asset-heavy specialty food enterprise on the prime corner of Main Street Flemington — directly across from the 443,291 SF Cust Investments Courthouse Square mixed-use redevelopment delivering 100 hotel rooms, 206 residential units, and 22,000 SF of new street-level retail through 2028.
This is not a typical Main Street restaurant sale. Two structural facts distinguish this opportunity:

(1) ASSET-HEAVY FLOOR - The asking price is substantially collateralized by $143,481 in tangible assets (FF&E, leasehold improvements, inventory) plus $76,000 in identifiable intangibles (45-year brand equity, recipe IP, customer relationships, supplier networks). Adjusted Net Asset Value totals $233,041. A buyer at list price is paying ~$0.96 per $1 of asset base — collateral first, goodwill second.

(2) OWNER-OWNED REAL ESTATE WITH ROFR: Sellers personally own the 1,850 SF space and building and will offer the buyer a new 5-year commercial lease at fair market rent (estimated $36,900 Year 1 / $40,500 Years 2–5, NNN) with a Right of First Refusal on the future building sale after Year 5. This eliminates the single largest lease-displacement risk haunting Main Street operators and gives the buyer real-estate optionality on a Main Street Flemington property in the middle of the Renaissance cycle.

THREE-PILLAR REVENUE MODEL: A 50-seat full-service restaurant (weekend brunch + lunch), a sophisticated catering operation differentiated by the proprietary $18,000 "Portacooler" self-contained mobile refrigeration trailer (enables premium wedding-venue work competing operators cannot match), and a regionally recognized specialty bakery (wedding cakes and custom-occasion cakes). The model has insulated the business from single-concept market shocks for over four decades- 2024 demonstrated resilience as gross profit increased 13% despite an 8.2% revenue decline.

SIGNIFICANT LATENT CAPACITY: Currently operated 4 days/week (~200 days/yr) by lifestyle choice, with 30 of 50 seats utilized, dormant dinner daypart, and underdeveloped digital marketing. A re-tooling owner-operator moving to a 6-day schedule captures a 50% increase in saleable hours against largely fixed occupancy and depreciation costs — the single highest-magnitude growth lever available.

DEAL ECONOMICS: Asset Sale (debt-free, cash-free). Includes all FF&E, leasehold improvements, inventory, goodwill, trade name, recipes, customer lists, catering account histories, bakery design archives, supplier contracts, phone/web/email. 60–90 day owner-led training and transition included. SBA 7(a) eligible. Seller financing considered for qualified buyer.