MergerPlace

Bagel/Deli/Grill

New Jersey (Mercer)


  • Asking Price: $225,000
  • Gross Income: $239,200
  • Cash Flow: $54,000
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $125,000
  • Listing ID: #202637
  • Established: 2017
  • Employees: 1FT 1PT

Business Description

Beautiful new store in Strip Mall equipped with brand new equipment and fixtures. Good potential for growth immediately by extending closing hours to offer dinner. Seats 38 people; plenty of parking; also project future growth due to community growth building Town Houses across from Mall; motivated Seller due to personal problems; very good assumable lease 5 years + 5 years + 5 years.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New Jersey
County: Mercer

Company Information

Year Established: 2017
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1FT 1PT

Financial Information

Asking Price: $225,000
Gross Revenue: $239,200
Cash Flow: $54,000
FF&E: $125,000
Inventory: $3,000
Seller Financing Available: Yes

Property Information

Facilities:

2316 sq. ft. Bagel/Deli/Grill store in Strip Mall with plenty parking; 5 months old; all equipment and fixture brand new; lease is 5 years + 5 years + 5 years = 15 years; can seat 38 people.

Growth & expansion opportunities:

Can expand hours to get Dinner trade for Deli and Grill; expanding community projecting to build Town Houses across from Strip Mall

Competition:

None- Only a coffee shop is located in Strip Mall

Reason for selling:

Personal Marital problem

Support & Training:

One month training; Buyer welcome stay one week in store to observe

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Solomon Sasson

Executive Business Brokers