MergerPlace

Great Potential Bakeshop/Restaurant

New Jersey (Hunterdon)


  • Asking Price: $299,000
  • Gross Income: $365,000
  • Cash Flow: $123,815
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #215764
  • Established: 2012
  • Employees: 7

Business Description

Located in the downtown area, heavy traffic. Well established and known for high-quality food.


Business Details

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

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7

Financial Information

Asking Price: $299,000
Gross Revenue: $365,000
Cash Flow: $123,815
Seller Financing Available: No

Property Information

Facilities:

40 seats, modern bakeshop/restaurant, located in the downtown area, street parking. The lease will end in 3 years and 9 months. Landlord agrees to a new lease with the same amount of rent ($3800 a month increase $100 per year)

Growth & expansion opportunities:

Can be increased greatly by adding veggie and sugar free menu, by advertisement, by opening longer hours for dinner and by doing more catering.

Competition:

No other bakery has the same name recognition in local area

Reason for selling:

Wants to move out

Support & Training:

Seller will train new owner for 2 weeks

Contact Business Seller

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Business Listed By:

John Ao

Executive Business Brokers