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Corporate Cafeteria

Essex Co., New Jersey

Asking Price: Gross: Cash Flow:
$60,000 $100,000 $27,080

Furniture and Fixtures Value:
$15,000 (included in the asking price)

Inventory Value:
$3,000 ( not included in the asking price)

Business Summary:
600 sq ft. Caf in Corp. building. 65% occup. Therefore with additional rentals should be increase in sales and profits. Also if do outside catering will be a plus, apporx. 200+ people in building currently. Buyer should get a 5 year option with lease or a new lease. Gas, water and some electricity paid by the landlord.

 
   
   
Year Business was Established: 1985
   
Number of Employees: 3PT  
   
Facilities / Terms of Lease: 600 sq ft. clean store. Seats 6 on stools along table by wall.  
   
Owner willing to finance: Balance payable over 3-5 years at prime + 2%  
   
Owner willing to train: yes - 2 weeks  
   
Reason for selling: Looking for a larger business  
 

 

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