Cafe in an Affluent Town
Essex County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$89,000 |
$201,177 |
$53,828 |
Furniture and Fixtures Value:
$17,500 (included in the asking price)
Inventory Value:
$3,000 ( not included in the asking price)
Business Summary:
Soft serve frozen yogurt shop on a prime corner location of an affluent town. Much of the clientele is from Essex County. Heavy foot traffic with ample street parking. Furniture, fixtures, and equipment valued at $30,000 is included in the sale. It's all in very good condition. For further information please contact Seth Kain at 908-851-9040 Ext. 287 or at 201-317-4710.
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Year
Business was Established: 2006 |
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Number of Employees:
5PT |
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Facilities / Terms of Lease:
880 sq. ft. which includes an outside deck and seating directly in front of the store. Ample street parking in the heart of an affluent town. The furniture, fixtures, and equipment are in very good condition. A new owner could get a long term lease with at least one (5) year option and perhaps more. |
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Potential
Growth/Expansion:
A new owner should do some advertising and promotion to increase sales and profits. The menu could be increased to include some wraps and some additional desserts. |
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Competition:
There is some area competition for soft serve yogurt and gelato. But, this business has a unique area concept since they offer a mix of panini’s, soups, and salads as well. |
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Owner
willing to finance:
Prime + 2% for up to four years for qualified buyers. |
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Owner
willing to train:
Up to two weeks if needed by a new owner |
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Reason for selling:
The sellers would like to relocate |
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REQUEST MORE INFO |
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