Coffee Cafe Business for sale in New Jersey - 34754 Business Type: bagel stores,other eating & drinking places,restaurant/ cafes/ diners
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $795,000 | Down Payment | $475,000 |
| Gross Revenues | $1,000,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $250,000 | Number of FT Employees | Register Free to View |
Financing
$475,000 Down and $320,000,00 @3 years @6%
Business Description
Beautiful, professionally designed and constructed, corner freestanding building, Coffee Cafe' in upscale New Jersey neighborhood. Uniquely conceived national licensing concept providing the finest coffees and loose leaf teas from around the world and roasted in house. A wide range of specialty sandwiches and assorted food and bakery fare. Indoor seating near 50 with outside seating for 20, Limited on site parking, but free city parking across street. Near all bus lines. Owner has several other locations and is looking to sell this premier location. Lease: 8 years remain on base (3%cpi) with 2 - 5 year options (3% cpi). 45% increase over 2021 revenues. Base rent: $8,000 mo./R/E Tax: $1,600 mo. SBA funding possible for right buyer.
Call the broker Bryn Jones today at 646-554-6668 to learn more about this listing!
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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