Bakery/Cafe
Morris Co, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $750,000 |
$1,462,972 |
$130,838 |
Business Summary:
Franchise restaurant located at end of a stripmall. Store in process of remodeling adding extensive menu, and pizza oven, and table service should increase sales from 4-15%. Needs owner/operator/baker to be hands on. One of the partners looking to stay on. Specializing in sandwiches, salads, soup, bakery. New Micros point of sales. New Lucent phone system. Buyers qualification: Net worth 200K, School 6-8 weeks in Atlanta, Ga. In store training 2-3 weeks, restaurant experience, terms approved by franchisor. Buyer will guarantee floater equal to 1 yr rent to landlord. Company will do same for remaining years.
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| Year
Business was Established: 2002 |
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| Number of Employees:
20 |
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| Facilities / Terms of Lease:
Approx 5600 sq ft, parking lot, new POS system and Lucent phone system. Lease 14 yrs. |
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| Potential
Growth/Expansion:
Additional waiters, serve breakfast, add pizza oven, redo menu |
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| Owner
willing to finance:
All Cash |
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| Owner
willing to train:
Seller will support 2 weeks of training |
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| Reason for selling:
Has other business interest |
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| REQUEST MORE INFO |
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