Cafe Luncheonette

Not Disclosed, NJ
Hunterdon County


Asking Price: Annual Revenue:
$110,000 $108,305

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Cafe Luncheonette Broker: Ron Cervelli
Owner Financing is Available!
Will be considered with an appropriate down payment.

Quick Facts

Asking Price: $110,000
Annual Revenue: $108,305
Net Profit: Not Disclosed
Cash Flow: $72,206
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 2
BBN Listing #: 94443909
Broker Reference #: LNCH275

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Business Overview:

Popular long-standing café and fast food restaurant located in a highly successful indoor / outdoor antique flea market with thousands of yearly visitors. The owner has elected to retire after many years in this industry and has priced this business transaction at a very marketable price with owner financing. The café consists of a free-standing building with a private entrance and comfortable indoor and outdoor seating. This café is located at a 50-year-old highly successful antique Flea Market which is well known as an institution, is open year-round, since 1967, and has been a “gold mine” for finding antiques, collectibles, art and more and is clearly not your everyday flea market. They have ATMs on site as well as outdoor seating for lunch or food breaks and enjoy a variety of refreshments at this fair environment. The business transaction will offer an assignable commercial lease which expires 2021 plus additional options available, with a monthly rent of $1,344 all in, cost per square foot is estimated at $9.95, and rent security of approximately $1,500. This café business consist of two part time employees who are unaware of the pending sale. The payroll is primarily based on an hourly basis, or a weekly base salary, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $720. The business has been valued / priced at $110,000 which is based on the seller’s representation of a multiple of the net yearly income which includes the value of the specific business assets. Also, possible seller financing may be available to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable safe business. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.

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Property Features and Assets:

This successful retail facility which consist of approximately 1,200 square feet have a modern professional appearance. The business is in a large indoor and outdoor flea market with various other active and successful businesses. This opportunity is in Central New Jersey, Hunterdon County, which consists of many highly populated communities with continued demand for this industry.

Market Competition and Expansion:

To the best of our knowledge, due to landlord non-compete lease agreement, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser. The business opportunity can be further expanded by the new operator by offering a catering menu, improving the existing marketing plan and the required local advertising. Additionally, the company does not have a web site and if adjusted can further develop the business yearly gross sales.

Reason for Selling:

The owner is retiring and moving out of state.

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.

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