Asking Price: $79,000 Gross Revenue: $244,367Cash Flow: $2,079 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $130,476 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Ground floor investment opportunity! Be the first in on this exciting new brand!
Branded coffeehouse ideally located in central business district in popular Essex County town. They have friendly baristas, delicious coffee and desserts. Plenty of over-sized chairs and sofas, free WiFi and plenty of outlets.
The coffee shop is part of a larger (out of state) chain with 1 location in NJ. The new parent company owner is looking for a single or multi unit operator to take advantage of ground breaking opportunity to be part of a growing brand in this $51 Billion Dollar coffee shop industry (IBISWorld 2018).
This is not a franchise - the buyer will be growing the brand under a license and supplier agreement. Ask broker for details.
About the Business
Number of Employees:
1 FT/5 PT
Custom built retail space.
The business has several competitors nearby including Dunkin Donuts and Starbucks which are popular brands.
Growth & Expansion:
The business has grown nicely despite out of state and absentee management with minimal marketing. A local operator will be able to grow the sales substantially as well as open additional locations in NJ.
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. See our
full Terms & Conditions.