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Business For Sale

Bakery/Cafe

Morris Co, NJ, USA

Food & Beverage: Coffee, Cafe, Dessert

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$899,000
Not Disclosed
Not Disclosed
$130,838
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2002
20
88492979

Business for Sale Overview:

Franchise restaurant located at end of a strip mall. Store in process of remodeling adding extensive menu, and pizza oven, and table service should increase sales from 4%-15%. Needs owner/operator/baker to be hands on. One of the partners looking to stay on. Specializing in sandwiches, salads, soup, bakery. New Micros point of sales. New Lucent phone system. Buyers qualification: Net worth $200,000, School 6-8 weeks in Atlanta, Ga. In store training 2-3 weeks, restaurant experience, terms approved by franchiser. Buyer will guarantee floater equal to 1 year rent to landlord. Company will do same for remaining years.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Approximately 5,600 square feet, parking lot, new Point Of Sale system and Lucent phone system. Lease 14 years.

Reason for Selling:

Has other business interest

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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