Profitable Café in a Bustling Town.

Monmouth County, NJ

Profitable Café in a Bustling Town.
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Asking Price: $79,000

Cash Flow: $86,122

Gross Revenue: $465,000

EBITDA: N/A

FF&E: $25,000

Inventory: $2,500

Rent: $0.00

Established: 2009

Profitable Café in a Bustling Town.

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Business Description

Nicely-renovated Cafe off a major thoroughfare in a bustling town with many shops. Specializing in breakfast, lunch, & catering. Does a high volume of "specialized" catering for house parties & other special events, & to local businesses. Many great reviews on ezCater, Google & Yelp focusing on wonderful food & great service! Two family partners own the same business many miles south & can’t devote enough time. Needs a great owner-operator/cook to take it to a much higher level.
FURNITURE, FIXTURES, & EQUIPMENT of $25,000 are included in sale & are in very good condition. Other Expenses: Pest Control $880 & Office Supplies $600 = $1,480. New qualified tenant can get an excellent long term lease situation. Contact Seth Kain @ 201-317-4710 for additional details & showing.

Detailed Information

Location:
Monmouth County, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
3 full-time and
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,000 square feet. “All” furniture, fixture, and equipment are in very good condition and are included. There is public metered parking along with public “space” parking. Present owners have approx. 3 ½ years left on a (5) years lease along with two (5) year options. New qualified tenant can get a lease assignment through the landlord.
Competition:
There are several cafes and a couple of diners within a ½ mile of this café. But, the online reviews are superior to all of them. Satisfied customers focus on excellent food and services, and deliveries of hot food.
Growth & Expansion:
The previous café at this location served dinner and was open up through 8 P.M. A good number of customers have asked the present owners if they plan o eventually increase their hours and be opened for dinner. So this would be a great way to expand the business.
Support & Training:
Sellers will provide (2) weeks of training at absolutely no cost to the Buyer (5).
Reason for Selling:
2 family members operate a similar business & cannot devote enough time to cafe
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(from currently available funds)
 
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Seth Kain

Business Listed By:
Seth Kain

Executive Business Brokers

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Sponsoring Broker:
Larry Bodner

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