Two Great Coffee Bars - Union and Essex Counties

Union County, NJ

Seller Financing Available
Location A
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Asking Price: Get Financing: $70,000

Cash Flow: N/A

Gross Revenue: $162,000

EBITDA: N/A

FF&E: $50,000

Inventory: $5,000*

Lease Rate: N/A /SF

Established: 2012

*not included in asking price.

Two Great Coffee Bars - Union and Essex Counties

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Business Description

Available: Two Coffee Bar and Coffee Bean Stores! Thee local source for fresh-roasted coffee beans as well as the traditional Coffee-Bar menu. Both locations also sell coffee and tea related retail items and some pastries.

Two locations! The first is located in an upscale wine store, in an upscale Union County town. The second is located in a brand new Chain Supermarket in an up-and-coming Essex County town.

The seller is selling both locations as a package for $70,000, or each location separately for $40,000 each. With an increase in local advertising and social media optimization, volume can be increased substantially, quickly.

The current owner is the founder and a well established coffee roaster in Northern New Jersey. He is offering the buyer a licensing agreement for his brand for three years at no charge with the right to renew for a nominal fee and a full year of fresh roasted coffee beans at "cost" to help the buyer become established.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
6: both stores
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Clean, safe and well lit in good areas. One coffee bar is located in a high end wine store. The other one is located in a recently built upscale supermarket.
Growth & Expansion:
Lots of potential to grow with increased local advertising and social media optimization!
Financing:
Seller will provide 50% financing
Support & Training:
Yes for reasonable period of time
Reason for Selling:
Pursue other interests
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Brad Palmer

Business Listed By:
Brad Palmer

Crown Business Brokers LLC

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