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Business For Sale
SUBURBAN CAFÉ/RESTAURANT NORTHWESTERN MIDDLESEX CO
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Asking Price: |
$115,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Coffee, Cafe, Dessert
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Yearly Revenues:
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$295,000 |
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Yearly Cash Flow:
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$60,000 |
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Yearly Net Profit:
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$60,000 |
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Yearly Gross Income:
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$295,000 |
Business for Sale Overview:
Great Opportunity Café/Restaurant located on Main Street in a beautiful town. The restaurant is centrally located and enjoys high traffic counts and easy access. This is a picturesque town located in northwestern Middlesex County. The median income and vale of homes is well above the state average.
Concept: The concept is a town cafe that offers breakfast, lunch & coffee.
Property Features and Assets:
The space is approximately 2,000 square feet. It is comprised of a dinning room, counter service area, prep/storage rooms kitchen and bathroom. The dinning room is an open floor plan that allows for 34 seats. There are three years remaining on the lease with Five (5) two (2) year options. The landlord is very cooperative and may prefer a new lease.
Rent: Currently $2,600 per month NNN.
Market Competition and Expansion:
A new operator could grow sales significantly by serving dinner and developing a catering business. There is a lot of upside for someone that has the energy to grow. They could also host events, parties etc.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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