MergerPlace

Popular Healthy Cafe in Central Business

New Jersey (Essex)


  • Asking Price: $98,000
  • Gross Income: $338,000
  • Cash Flow: $91,709
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $50,000
  • Listing ID: #211297
  • Established: 12
  • Employees: 4 FT, 1 PT

Business Description

Well-known and profitable daytime cafe made unique by its health-minded items.
Juice bar, smoothies/acai bowls, sandwiches/paninis/wraps and create-your-own salads make it a popular destination for lunch. Burgers, soups, homemade baked goods, and breakfast items also offered.
Located in a landmark building on a main avenue of the central business district, this restaurant sustains its 12-year old brand with loyal and frequent clientele.
Catering and social media delivery increase growth potential.


Business Details

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

Company Information

Year Established: 12
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT, 1 PT

Financial Information

Asking Price: $98,000
Gross Revenue: $338,000
Cash Flow: $91,709
FF&E: $50,000
Inventory: $2,000
Seller Financing Available: No

Property Information

Facilities:

1500 sq ft + 900 sq ft basement in excellent condition, equipment and furnishings in very good condition, parking on street, 2.5 years left on lease, plus 5 years and addition 5 year option on lease. Located in landmark business building.

Growth & expansion opportunities:

Open one more day a week, expand weekly hours, diversify advertising, increase social media deliveries and catering. Can probably add lottery.

Competition:

None near

Reason for selling:

Changing careers

Support & Training:

2 weeks

Contact Business Seller

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Business Listed By:

Solomon Sasson

Executive Business Brokers