Café/Restaurant Asset Sale

Not Disclosed, NJ
Ocean County

Asking Price: Annual Revenue:
$50,000 Not Disclosed

Food & Beverage: Coffee, Cafe, Dessert

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RE: Café/Restaurant Asset Sale Broker: Paul Holveck

Quick Facts

Asking Price: $50,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 5
Employees: Not Disclosed
BBN Listing #: 36642979
Broker Reference #: 5891PH

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Business Overview:

Opportunity to acquire the equipment and fixtures used in a casual breakfast and lunch café to start your own food concept. Other than décor changes, all the front and back room infrastructure is in place. Located in a large strip center, the shop is 2,240 sq ft with seating for 60. There is one year left on the current lease which leaves open the opportunity to negotiate a lower lease with the landlord in exchange for an extension. Possible uses would be bakery or lunch into evening restaurant. The retail business is closed but the owner has a healthy wholesale business which is operated from the kitchen in the café. The café is completely turnkey but any restaurant concept can be run in this facility. A new home goods super store is taking space this year that was vacated by K-Mart. All the equipment was bought new 5 years ago. Rent is $3,700/ month all in. Certain fixtures are personal and not included. Name and recipes not included.
The furniture, fixtures, and equipment are offered at $50,000. Owner is very motivated. For more details call Paul Holveck at Executive Business Brokers.

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Reason for Selling:

Business Closed.

Additional Details:

  • The property is leased.
  • 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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