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Well Established Catering and Cafe Store for sale in Union County, NJ

Union County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 174,900 $ 590,613 $ 122,850

Furniture and Fixtures Value:
$ 32,000 (included in the asking price)

Inventory Value:
$ 3,000 (included in the asking price)

Real Estate:
(not included in the asking price)

Business Summary:
Full-service catering and fine European cuisine, plus a large selection of amazing desserts to compliment your party!Catering for gatherings of virtually any size from small, intimate dinners & cocktail parties to events for up to three hundred guests, in many different venues, customized to each clients personal style. Everything is made to order in their in-house cafe, with seating inside and out during the warmer months. All food is made in-house from scratch with the best-sourced ingredients, There are new daily fresh items in the Cafe such as Pasta, Fish, and Meat dishes to choose from!Attention to detail is unsurpassed, and event planners guide clients through every aspect of their event. They pride themselves on building long lasting relationships with clients and customers so that they can become part of the their family.

 

   
Year Business was Established: 2000
   
Number of Employees: 1 FT/6 PT  
   
Facilities / Terms of Lease: This storefront location is on a main street in a busy downtown area. In addition to on-street parking, there are several spaces allocated to this location at the rear of the building. During the summer months, outdoor tables and seating are available. There is a full basement with multiple freezers and refrigeration as well as ample storage space.  
   
Potential Growth/Expansion: Catering revenue continues to grow as catering services gain popularity along with consumer spending driving demand. The catering industry is projected to grow steadily thru 2028 with profit stabilizing at 5.6%.  
   
Competition: The industry is expected to experience an uptick in profit margins. Household demand is expected to increase in line with consumer spending growth. More restaurants are growing their catering services in direct response to consumer trends. Demand rebounded in 2021 after the Pandemic as restrictions eased on large gatherings.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Owner relocating out of state.  
   
Seller Reference Number: 3410-18139
BusinessMart.com Listing Number: 305757
 

 

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For more info contact:

Evelyn Correa

Murphy Business & Financial Services
727-725-7090

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