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Cafe Restaurant with Seller Financing for Sale

Monmouth County, NJ

Cafe Restaurant with Seller Financing for Sale
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Asking Price: $695,000

Cash Flow: $171,145

Gross Revenue: $1,539,255

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2002

Cafe Restaurant with Seller Financing for Sale

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Business Description

This is a great opportunity to own a high volume, fast-casual restaurant styled after bakery-cafes in a high traffic shopping center in Monmouth County. It is a standalone building with its own parking. In operation for 17 years, they serve breakfast, lunch & dinner in a warm, friendly atmosphere. The menu includes sandwiches, soup, salads, & fresh baked goods made fresh daily on-premise. The building is 4,000 sq ft with seating for 100. They also do catering & have on-line ordering, using Uber Eats to deliver which is 30% of the online business. With many offices nearby delivering corporate breakfasts & lunch is a venue for growth.

This is a Turnkey operation with a staff of 20-30, depending on the season. The price includes all the equipment, website & name. The owner who is looking to retire runs the business on a semi-absentee basis. The business needs a full-time owner to take it to the next level. Seller financing is available for qualified buyers. The financials based on 2018 results and assume a full-time owner-operator. Buyer is responsible for $25,000 transfer fee.

Business is offered at $695,000 with a down payment of $400,000 and seller financing for the $295,000 balance with terms to be determined.

For more details call Paul Holveck at Executive Business Brokers, 732-266-8136.

Detailed Information

Location:
Monmouth County, NJ
Employees:
21
Support & Training:
2 weeks of training to facilitate the transition
Reason for Selling:
Owner is retiring
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Paul Holveck

Business Listed By:
Paul Holveck

Executive Business Brokers

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Sponsoring Broker:
Larry Bodner

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