Established Breakfast and Lunch Destination

Pompton Lakes, NJ (Passaic County) (Relocatable)

Seller Financing Available
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Asking Price: $160,000

Cash Flow: $69,231

Gross Revenue: $234,742

EBITDA: N/A

FF&E: $45,000

Inventory: $1,200

Rent: $2,680 /Month

Established: 2017

Established Breakfast and Lunch Destination

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Business Description

eatery in the middle of township developlent

Established eatery in a town center location with an assumable lease and options. All equipment and materials to continue the existing lines of business are included. Inventory, supplies, menus, point of sale, wireless order ready notifications, all of it in operating condition included. Township is well into a progressive redevelopment plan with numerous additional residential units both planned and under construction. Rebranding or acquiring the existing brand are both available. Cafe with franchise ready branding available.

Detailed Information

Location:
Pompton Lakes, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
10/23/2022
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Town center dining space, full kitchen, basement work space, storage, walk-in and office.
Competition:
Township has very progressive development zoning with multiple residential developments, upwards of 200 units, in progress. This establishment is the leader in the community.
Growth & Expansion:
Current operation is breakfast and lunch and 6 days; a 7th day and dinner offerings would be well received by the community.
Financing:
lease is assumable with option
Support & Training:
Seller will stay on as employee or consultant for a negotiable timeframe.
Reason for Selling:
Built the brand and ready to expand.
Business Website:
http://www.onlyinyourstate.com/author/kkoennemann/
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Robert Burr

Business Listed By:
Robert Burr

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