Global Inspired Eatery And Bakery-$390K Cash Flow
Not Disclosed, NJ Essex County
Northern New Jersey
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- RE: Global Inspired Eatery And Bakery-$390K Cash Flow
- Contact: Darren Smith
Quick Facts
| Asking Price: | $1,000,000 | |
| Annual Revenue: | $2,492,274 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $390,137 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $145,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2017 | |
| Employees: | 21 | |
| BBN Listing #: | 945286 | |
| Broker Reference #: | 3408-18339 |
Business Overview:
$390,000 cash flow from 2023 tax returns. Successful, turn-key global-inspired eatery and bakery with 100s of 5-star reviews.
Profitable, high visibility, and Vibrant! A MUST SEE! Located in the heart of one of New Jersey's best foodie towns. This eatery is known for their baked goods, freshly made breakfasts, specialty bread, and rotisserie chicken. The grab-and-go section adds a big profit center to the eatery’s bottom line.
Catering is offered, and many regulars get catering for their parties and gatherings regularly. No commercial catering at this time but a new owner can easily bolt on additional revenue by doing commercial catering by building off the excellent reputation.
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Property Features and Assets:
Beautiful 1,900 square foot eatery with outdoor seating. Additional 1,900 square feet in basement that's used for prep and storage.
Assets = $157,000
Market Competition and Expansion:
One would expect competition in this Foodie town but there is enough business for all. A favorite among all locals!
No commercial catering at this time but a new owner can easily bolt on additional revenue by doing commercial catering by building off the excellent reputation.
Reason for Selling:
Owners moving onto new business venture.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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