Business For Sale

Modern Corner Cafe - 24362

Essex County, NJ
Essex County


Asking Price: Annual Revenue:
$49,000 $179,782

Food & Beverage: Coffee, Cafe, Dessert


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RE: Modern Corner Cafe - 24362 Broker: Melvin L. Vaz

Quick Facts

Asking Price: $49,000
Annual Revenue: $179,782
Net Profit: Not Disclosed
Cash Flow: $30,957
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 2
BBN Listing #: 2384447
Broker Reference #: 24362

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Business Overview:

Modern Corner Cafe on a prominent corner location in an affluent town. Great for a first time buyer! The business has a good foundation for an owner/operator to build upon. Although this business is independently owned, it has leveraged the great quality of a locally known soup brand, the exceptional taste of a low calorie frozen yogurt brand, and the unique flavors of an ultra-premium gelato brand. The business is simple to operate from its small footprint of only 800 square feet plus limited basement storage. The premises include seating for 14 inside, 8 sidewalk and 5 balcony. There is a substantial lunch business as well as after-school and evening business. The location of the business near local attractions brings many walk-in customers. In the past year they had gross sales of approximately $$191,646.00 with a net cash flow of approximately $30,957.00. There is excellent potential to grow by offering breakfast service, pre-made sandwiches, and ice cream cakes or by expanding the delivery business. The simplicity of this business makes it ideal for a hands-on individual or partners, a family, or a partial-absentee owner. You can own this exceptional business, but you must make an inquiry to learn more.

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Reason for Selling:

Personal.

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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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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