Nicely Renovated & Profitable Café & Grill
New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $219,000 |
$350,000 |
$108,364 |
Furniture and Fixtures Value:
$85,000 (included in the asking price)
Inventory Value:
$5,000 (included in the asking price)
Business Summary:
Nicely-renovated Cafe off a major thoroughfare going through many towns. Specializing in breakfast, lunch, & catering. Does a high volume of catering to beach clubs during the summer months. Many great reviews on ezCater & Google websites! Seller owns another higher end unrelated business & can’t devote enough time. Run semi-absentee so an owner-operator/cook can take it to a much higher level. Strip mall parking. FURNITURE, FIXTURES, & EQUIPMENT of $85,000 included in sale. All are in very good condition. New qualified tenant can get a great long term lease situation like the owner has. Contact Seth Kain@ 201-317-4710 for additional details.
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| Year
Business was Established: 25 |
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| Number of Employees:
2 F/T 6 P/T |
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| Facilities / Terms of Lease:
1,200 square feet. The café has a very modern feel to it with all the Furniture, Fixtures, & Equipment in excellent or very good condition. Owner originally got a (5) year lease along with a (3) five year options. There’s still (4) years left along with two (5) year options. New qualified owner can get a re-assigned lease. There’s plenty of free strip mall parking. |
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| Potential
Growth/Expansion:
A new owner should try to increase their catering sales during the other roughly 8 months. The bulk of their catering is from late May through early September. A new owner should also try to do some additional delivering besides just for catering orders. Some local “voucher” advertising & promotion to area residents would be a plus to assist in boosting cash flow. |
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| Competition:
There aren’t any nearby café’s to this restaurant. There are a couple of nearby diners. But this café has a much wider “organic” menu than both of them. The café also does a wide variety of catering that very few are café or luncheonettes do. |
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| Owner
willing to finance:
The owner isn’t offering any financing at this time. However, she could consider a deal contingent upon bank financing for qualified buyers. |
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| Owner
willing to train:
Seller will provide a minimum of (2) weeks training at no cost to the Buyer. |
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| Reason for selling:
Seller owns another more lucrative business. Doesn’t have enough time to devote to this business. |
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| REQUEST MORE INFO |
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