Cafe/BYOB Restaurant
Union County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$297,000 |
$593,373 |
$126,920 |
Furniture and Fixtures Value:
$80,000 (included in the asking price)
Inventory Value:
$5,000 (included in the asking price)
Business Summary:
Unique Café / BYOB Restaurant in a convenient downtown location offering great food, delicious desserts and coffees, and night time entertainment. The place to go for lunch and dinner featuring a menu with fresh ingredients in both classic and original dishes. The atmosphere is casual with an eclectic mix of seating, bookshelves, local art, and board games, creating a warm and cozy feel. The café serves a range of coffees, teas and espressos. No alcohol is available, but diners are welcome to bring a bottle of wine. The reasonably priced menu features sandwiches, wraps, soups, salads and entrees from teriyaki kebabs to bean burritos to stuffed Portobello mushrooms. Outside seating is available during the warm weather months. Live music on Sunday and Tuesday makes for a fun evening and attracts customers late into the evening. Priced to sell, this is a great opportunity to own and build upon a successful business. The business is very profitable with a cash flow of $127,000. Offered at $297,000 with a down payment of $155,000 and owner will take a note for the balance of $142,000 with terms to be negotiated. Price includes all furniture and fixtures and pantry style kitchen. There is a parking lot in the back for customer convenience. Payroll is adjusted for owner/operator and includes benefits. Financials are based on 2008 Tax Returns. For further information, please contact 908-851-9040 Ext. 277.
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Year
Business was Established: 1996 |
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Number of Employees:
6FT/7PT |
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Facilities / Terms of Lease:
1,700 sq. ft. with 1,500 sq. ft. basement; parking lot in the back; 1 year lease with (1) 3 year option. |
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Potential
Growth/Expansion:
Open for breakfast |
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Competition:
Limited competition in this business concept |
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Owner
willing to finance:
$155,000 down payment with seller note of $142,000 with terms negotiable. |
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Owner
willing to train:
Buyer will provide two weeks training |
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Reason for selling:
Start a family |
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REQUEST MORE INFO |
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