MergerPlace

Café/Restaurant Asset Sale

New Jersey (Ocean)


  • Asking Price: $50,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #208025
  • Established: 5
  • Employees:

Business Description

Opportunity to acquire the equipment and fixtures used in a casual breakfast and lunch café to start your own food concept. Other than décor changes, all the front and back room infrastructure is in place. Located in a large strip center, the shop is 2,240 sq ft with seating for 60. There is one year left on the current lease which leaves open the opportunity to negotiate a lower lease with the landlord in exchange for an extension. Possible uses would be bakery or lunch into evening restaurant. The retail business is closed but the owner has a healthy wholesale business which is operated from the kitchen in the café. The café is completely turnkey but any restaurant concept can be run in this facility. A new home goods super store is taking space this year that was vacated by K-Mart. All the equipment was bought new 5 years ago. Rent is $3,700/ month all in. Certain fixtures are personal and not included. Name and recipes not included.
The furniture, fixtures, and equipment are offered at $50,000. Owner is very motivated. For more details call Paul Holveck at Executive Business Brokers, 908-851-9040 x277.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New Jersey
County: Ocean

Company Information

Year Established: 5
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $50,000
Seller Financing Available: No

Property Information

Reason for selling:

Business closed

Contact Business Seller

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Business Listed By:

Paul Holveck

Executive Business Brokers