Seller's Contact Information
- RE: SBA Pre-Approved Specialty Eatery With A Twist!
- Contact: Steve Wain
Quick Facts
Asking Price: | $300,000 | |
Annual Revenue: | $450,864 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $131,559 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 5 | |
BBN Listing #: | 230529987 | |
Broker Reference #: | 14631416 |
Business Overview:
This upscale small-town business has become a popular staple as the premier provider of breakfast, snack, and lunch foods. The company has grown from serving individual orders to also catering corporate events. Based in the Jersey Shore area, it offers a unique delivery option to customers’ homes as well as the boardwalk area. It has been written up in NJ magazines as one of the top food providers and because of the unique nature of its primary product, it has drawn a large following of everyday customers plus over 2,300 social media followers.
The company is showing a very strong and steady year over year growth. Creating a new brand within a niche category has set the business up for continued success with the possibility of expanding or franchising. The restaurant offers a main area accommodating indoor seating, as well as bonus outdoor seating. The location offers an advantage during the high season, capturing the tourist business, while also catering to local events, commercial lunches and weddings.
The company showed resilience throughout the pandemic, creating at home meals and delivery for customers. Revenue and profit have grown rapidly each year since inception. Revenue is expected to reach $565,000 for the full year 2022, with SDE of $154,800. For an enthusiastic entrepreneur interested in a 6-figure income that grows year over year, this may be your next career move!
Employees: Staffing is based upon time of year with the spring and summer demanding the greatest staff load. Second level management in place for training and growth.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
High-traffic location; 1,100 square foot space with indoor seating for 13, outdoor seating for 18, a merchandise area and kitchen area as well as a back room and dry storage.
Market Competition and Expansion:
The business is a provider of a specialty niche type of baked food product that has no regional competition, as well as other baked products. Opportunities exist for expansion to allow for franchise development. Room to grow the commercial side and other segments.
Reason for Selling:
The owner wishes to retire.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
Local Award Winning Iconic Two Location Restaurant
Two Full Service Restaurant locations that presently serve breakfast and lunch 7 days a week. Original location has been in operation for over 25 years. Real Estate is Available.