Better Days Ahead for this Cafe
Essex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $95,000 |
$182,000 |
$23,108 |
Furniture and Fixtures Value:
$160,000 (included in the asking price)
Inventory Value:
$2,000 (included in the asking price)
Business Summary:
Best days are ahead for this Latin café located at the fringes of Essex County campus and one block from sports complex new run town office building. Business now starting to increase as construction workers now appearing at construction suite. Lately business has had a large increase in volume because of $6-$7 lunch per person. 60 lunches per day & growing. Does approximately $60.00 and has increases on deliveries soon 300 construction workers will be one block away increasing breakfast and lunch. 4,000 new jobs at prudential site when completed. Street parking available. Within one year volume will double. 90% cash. Very spacious. Any offer would be considered. For further information please contact Vito Mastromonaco on 908-851-9040 Ext. 285.
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| Year
Business was Established: 2006 |
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| Number of Employees:
5 |
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| Facilities / Terms of Lease:
Spacious interior seats 80 – can do many more functions then what it does now – pizzas – breakfast lunch Latin style new buildings going up around place |
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| Potential
Growth/Expansion:
Time will bring on a great deal of new faces and customers |
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| Competition:
This is the place of the near future jobs coming into new construction site |
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| Owner
willing to finance:
Owner would accept financing for three years at commercial Prime + 2% |
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| Owner
willing to train:
Two weeks |
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| Reason for selling:
Partnership and family problems |
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| REQUEST MORE INFO |
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