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Nicely Renovated & Profitable Café & Grill for sale in NJ

New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 219,000 $ 350,000 $ 108,364

Furniture and Fixtures Value:
$ 85,000 (included in the asking price)

Inventory Value:
$ 5,000 (included in the asking price)

Business Summary:
Nicely-renovated Cafe off a major thoroughfare going through many towns. Specializing in breakfast, lunch, & catering. Does a high volume of catering to beach clubs during the summer months. Many great reviews on ezCater & Google websites! Seller owns another higher end unrelated business & can’t devote enough time. Run semi-absentee so an owner-operator/cook can take it to a much higher level. Strip mall parking. FURNITURE, FIXTURES, & EQUIPMENT of $85,000 included in sale. All are in very good condition. New qualified tenant can get a great long term lease situation like the owner has. Contact Seth Kain@ 201-317-4710 for additional details.

 

   
Year Business was Established: 25
   
Number of Employees: 2 F/T 6 P/T  
   
Facilities / Terms of Lease: 1,200 square feet. The café has a very modern feel to it with all the Furniture, Fixtures, & Equipment in excellent or very good condition. Owner originally got a (5) year lease along with a (3) five year options. There’s still (4) years left along with two (5) year options. New qualified owner can get a re-assigned lease. There’s plenty of free strip mall parking.  
   
Potential Growth/Expansion: A new owner should try to increase their catering sales during the other roughly 8 months. The bulk of their catering is from late May through early September. A new owner should also try to do some additional delivering besides just for catering orders. Some local “voucher” advertising & promotion to area residents would be a plus to assist in boosting cash flow.  
   
Competition: There aren’t any nearby café’s to this restaurant. There are a couple of nearby diners. But this café has a much wider “organic” menu than both of them. The café also does a wide variety of catering that very few are café or luncheonettes do.  
   
Owner willing to finance: The owner isn’t offering any financing at this time. However, she could consider a deal contingent upon bank financing for qualified buyers.  
   
Owner willing to train: Seller will provide a minimum of (2) weeks training at no cost to the Buyer.  
   
Reason for selling: Seller owns another more lucrative business. Doesn’t have enough time to devote to this business.  
   
Seller Reference Number: 6173SK
BusinessMart.com Listing Number: 224709
 

 

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Larry Bodner

Executive Business Brokers
908-851-9040

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