Business For Sale

Bagel, Bakery and Coffee Shop- Cape May County, NJ

Not Disclosed, NJ
Cape May County


Asking Price: Annual Revenue:
$350,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Bagel, Bakery and Coffee Shop- Cape May County, NJ Broker: Gerald Nimberg
Owner Financing is Available!
$175,000.00 Down & $124,000 at 2 years.

Quick Facts

Asking Price: $350,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: $175,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 7
BBN Listing #: 29084447
Broker Reference #: 29711

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Business Overview:

A modern cafe and grille, located down the shore in Cape May County. Less than three years old, the seller is forced to sell his business to settle an estate. All baking (bagels, pastries and muffins) is done on premises- the bakers will stay. The cafe offers a full breakfast and lunch menu, and the grille adds additional menu items for dinner. The business has grown rapidly- up 70% in 2016 vs. 2015, and up again 30% YTD in 2017 vs. 2016. Despite its seasonality, the business operates year-round, and is gaining a reputation in the area, reaching workers at local businesses and permanent residents. It seats 24 people indoors and 23 outside. Plans are/were being made to add additional seating outdoors, under awning. Storage is huge, and the equipment is top-of-the-line. The buyer can also acquire an option to buy the property. This a perfect time to buy this business. The seller is motivated- ample seller financing is available Please contact the broker for more information.

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Reason for Selling:

Other

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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