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The Wall Street Journal Online

Upscale Deli, Music Venue & Coffee Shop

Vineland, New Jersey (Cumberland County)

Photo Available
Asking Price:
$14,999
Gross Income:
$229,417
Cash Flow:
N/A
EBITDA:
N/A
FF&E:
*
Inventory:
$5,200.00 **
Real Estate:
Attractive lease availabl **
Year Established:
2007
Employees:
6
Business Types:
Restaurants
Other Eating & Drinking Places

** not included in the asking price

* included in the asking price

Business Description

TURNKEY OPERATION. MOVE IN AND OPEN IMMEDIATELY. USE OF ALL F&F INCLUDED IN LEASE.
This is a very interesting business opportunity for the right entrepreneur. If you have a background in Food Services, this is your chance to operate an upscale Eatery and Coffee Shop with a Catering component and the added bonus of a sophisticated event space. Unique to the area, this small and increasingly popular entertainment venue plays host to a diverse set of artists, including musicians performing different genres of music, comedy acts, and a revolving display of works by talented local artists.

The venue includes a state of the art stage and sound system with great acoustics. The decor is urban chic and very welcoming to customers of all ages. All equipment is less than 5 years old and well maintained. The business is located in the heart of a downtown area of Southern NJ that is currently under going a rebirth and revitalization. The lease terms for the space will be very reasonable with special rates because it is a community in the midst of economic re-development. The owner was creative in his design concept and set the stage for growth. However, due to his involvement in other businesses, he has not had the time to devote to managing and growing this business. This business needs an owner operator who will take advantage of its growth potential and take it to the next level. The current owner will stay on to train the new owner through a negotiated transition period.

Detailed Information

Facilities:
The venue includes a state of the art stage and sound system with great acoustics. The decor is urban chic and very welcoming to customers of all ages. Dining room seating for 60, venue capacity 131 people . All equipment is less than 5 years old and well maintained. The business is located in the heart of a downtown area of Southern NJ that is currently under going a rebirth and revitalization. Attractive lease terms available that include use of all F&F. This is truely a turnkey opportunity. Walk right in and be in business in a matter of days.
Competition:
Located in the heart of a major revitalization downtown "Main Street" National and State designated area. Opporturnity to capitialize on increased foot traffic and offices in the immediate area.
Growth/Expansion:
Great opportunity to expand the menu and food offerings. Both in-house and off-premises catering opportunities abound. Currently only open for lunch. Expansion of hours, offering breakfast and dinner are great options to increase sales.
Support/Training:
Owner will provide an appropriate transition period as part of the sale price.
Reason Selling:
Owner wishes to pursue other interests.
Contact Seller

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Business For Sale Listed By

Robert Scarpa
856-466-5325

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