MergerPlace

Profitable Café in a Bustling Town.

New Jersey


  • Asking Price: $105,000
  • Gross Income: $465,000
  • Cash Flow: $86,122
  • Real Estate: Not Disclosed
  • Inventory: $2,500
  • FF&E: $25,000
  • Listing ID: #208218
  • Established: 9
  • Employees: 3 full-time and 2 part-time

Business Description

Nicely-renovated Cafe off a major thoroughfare in a bustling town with many shops. Specializing in breakfast, lunch, & catering. Does a high volume of "specialized" catering for house parties & other special events, & to local businesses. Many great reviews on ezCater, Google & Yelp focusing on wonderful food & great service! Two family partners own the same business many miles south & can’t devote enough time. Needs a great owner-operator/cook to take it to a much higher level.
FURNITURE, FIXTURES, & EQUIPMENT of $25,000 are included in sale & are in very good condition. Other Expenses: Pest Control $880 & Office Supplies $600 = $1,480. New qualified tenant can get an excellent long term lease situation. Contact Seth Kain @ 201-317-4710 for additional details & showing.


Business Details

Primary Business Category: Manufacturing - Food
Location: New Jersey

Company Information

Year Established: 9
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 full-time and 2 part-time

Financial Information

Asking Price: $105,000
Gross Revenue: $465,000
Cash Flow: $86,122
FF&E: $25,000
Inventory: $2,500
Seller Financing Available: No

Property Information

Facilities:

1,000 square feet. “All” furniture, fixture, and equipment are in very good condition and are included. There is public metered parking along with public “space” parking. Present owners have approx. 3 ½ years left on a (5) years lease along with two (5) year options. New qualified tenant can get a lease assignment through the landlord.

Growth & expansion opportunities:

The previous café at this location served dinner and was open up through 8 P.M. A good number of customers have asked the present owners if they plan o eventually increase their hours and be opened for dinner. So this would be a great way to expand the business.

Competition:

There are several cafes and a couple of diners within a ½ mile of this café. But, the online reviews are superior to all of them. Satisfied customers focus on excellent food and services, and deliveries of hot food.

Reason for selling:

Two family member owners operate a similar business, and cannot devote enough time to this café.

Support & Training:

Sellers will provide (2) weeks of training at absolutely no cost to the Buyer (5).

Contact Business Seller

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Business Listed By:

Seth Kain

Executive Business Brokers