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Business for Sale Summary

Popular Cafe in Essex County, NJ - 31267

Business Type: new to market,restaurant/ cafes
Popular Cafe in Essex County, NJ
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This business has received 37 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $79,999 Down Payment $79,999
Gross Revenues $250,000 Lease Remaining Register Free to View
Owner’s Cash Flow $68,000 Number of FT Employees Register Free to View

Financing

$79,999 Down and cash

Business Description

Popular breakfast and lunch cafe with excellent potential for sale in Essex County, NJ. Operates 5 days a week: 7:30 to 3:30. Seats 40 customers. 18 per cent breakfast and 82 per cent lunch. Profitable catering business represents 30 per cent of the business. Owner has invested $70,000 in equipment and leasehold improvements. Business started 6 months ago, so sales and cash flow numbers are a conservative projection of annual numbers, based on 6 months results. If you want to own a busy cafe with great food and service, then the owner wants to talk with you. Make your inquiry to learn more.

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.