Global Inspired Eatery and Bakery-$390K Cash Flow
Essex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $1,000,000 |
$2,492,274 |
$390,137 |
Furniture and Fixtures Value:
$145,000 (included in the asking price)
Inventory Value:
$12,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
$390K cash flow from 2023 tax returns. Successful, turn-key global-inspired eatery and bakery with 100s of 5-star reviews.Profitable, high visibility, and Vibrant! A MUST SEE! Located in the heart of one of New Jersey's best foodie towns. This eatery is known for their baked goods, freshly made breakfasts, specialty bread, and rotisserie chicken. The grab-and-go section adds a big profit center to the eatery’s bottom line.Catering is offered, and many regulars get catering for their parties and gatherings regularly. No commercial catering at this time but a new owner can easily bolt on additional revenue by doing commercial catering by building off the excellent reputation.
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| Year
Business was Established: 2017 |
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| Number of Employees:
13 FT/8 PT |
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| Facilities / Terms of Lease:
Beautiful 1,900 sq. foot eatery with outdoor seating. Additional 1,900 sq. feet in basement that's used for prep and storage. |
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| Potential
Growth/Expansion:
No commercial catering at this time but a new owner can easily bolt on additional revenue by doing commercial catering by building off the excellent reputation. |
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| Competition:
One would expect competition in this Foodie town but there is enough business for all. A favorite among all locals! |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Owners moving onto new business venture. |
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| REQUEST MORE INFO |
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