Sorry, this listing is no longer available – However, please see similar business for sale listings below that may interest you:

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

Business For Sale

Quaint Tea Room and Luncheonette

Morris County, NJ

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$195,000
Not Disclosed
Not Disclosed
$60,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$125,000
Owned
2009
3
90413909
Owner Financing is Available!
Financing is available to qualified buyers.

Business Overview:

Reputable and well established Tea Room and Restaurant located in a very affluent area of Morris County, NJ. This elegant establishment offers an authentic English style afternoon tea selection and extensive menu including delicious, baked on-site, scones, freshly prepared finger sandwiches, and a full array of pastries. This beautiful Victorian setting is centrally located among many highways and main thoroughfares, easily accessible from all over the state. This business is also a venue for gatherings, meetings and parties which generates an additional income to the owner operator. The business generates an annual gross income of $225,000 and the seller can verify a substantial, consistent net income. This is a rare opportunity to own and operate a beautiful, well established business.

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:

Located in an upscale community of Morris County, New Jersey and conveniently located among a number of busy highways and main thoroughfares. The facility consists of 2,500 square feet with a seating capacity for sixty-five customers. The business has indoor and outdoor seating in a beautiful quaint setting.

Market Competition and Expansion:

No other similar Tea Rooms are in this county and limited competitors exist in this general area. The business is two years young and with continued good service and ongoing marketing the business will continue to develop.

Reason for Selling:

Other business obligations.

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 not a franchise resale opportunity.