Price Reduced! Coffee Shop - Ideal Location

Essex County, NJ

Price Reduced! Coffee Shop - Ideal Location
Contact Seller

Asking Price: Get Financing: $99,000

Cash Flow: $11,932

Gross Revenue: $303,494

EBITDA: N/A

FF&E: $130,476

Inventory: N/A

Established: 2016

Price Reduced! Coffee Shop - Ideal Location

Get Financing Save Print Share Valuation Report

Business Description

Ground floor investment opportunity! Be the first in on this exciting new brand!

Neighborhood coffeehouse ideally located in central business district in popular Essex County town. They have friendly baristas, delicious coffee and desserts. Plenty of over-sized chairs and sofas, free WiFi and plenty of outlets.

The coffee shop is part of a larger (out of state) chain with 1 location in NJ. The new parent company owner is looking for a single or multi unit operator to take advantage of ground breaking opportunity to be part of a growing brand in this $51 Billion Dollar coffee shop industry (IBISWorld 2018).

This is not a franchise - the buyer will be growing the brand under a license and supplier agreement. Ask broker for details.

Detailed Information

Employees:
1 FT/5 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Custom built retail space.
Competition:
The business has several competitors nearby including Dunkin Donuts and Starbucks which are popular brands.
Growth & Expansion:
The business has grown nicely despite out of state and absentee management with minimal marketing. A local operator will be able to grow the sales substantially as well as open additional locations in NJ.
Support & Training:
Will train for 2 weeks @ $0 cost. Coffee beverages, food and other beverages. Plus Related perishable and non perishable retail items.
Reason for Selling:
Multi unit operator is looking for owner operators or area developers.
Contact Seller

Contact the Seller

Contact Seller Loading

Russell Miller

Business Listed By:
Russell Miller

Murphy Business & Financial Corporation

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1519494 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Philly Pretzel Factory

Franchise Opportunity
Capital Required: $150,000