Downtown Commuter Coffee Shop
Union County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$125,000 |
$205,000 |
$11,127 |
Inventory Value:
$15,000 (included in the asking price)
Business Summary:
This cafe and coffee bar is ideally located. A prospective buyer would achieve this franchise for just the cost of a $5,000 transfer fee. As well, low leasing and a $2,000 per year liquor permit come with the store location. As well, the store comes with a $250,000 buildout that is contemporary and elegant as well as $85,000 in equipment. This would be an excellent investment in a thriving town near Kean University. The business has suffered from current losses experienced by the Covid crisis. However, this is an excellent opportunity to acquire the franchise license, equipment, inventory, lease, and alcohol permit at a fraction of the cost. The facility also set up for an entertainment venue and also catering.
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Year
Business was Established: 9 |
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Number of Employees:
3 |
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Facilities / Terms of Lease:
2000 sqft high end coffee shop which seats 35. $250,000 in build out renovations invested. Located at Union train station. Franchise affiliation only requires a $5,000 transfer fee. if franchise were purchased the fee would be $30,000. |
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Potential
Growth/Expansion:
N/A |
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Owner
willing to train:
As needed |
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Reason for selling:
Impact of pandemic. |
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REQUEST MORE INFO |
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