Business For Sale

Established Sweet Shop For Sale - 29021

Union County, NJ
Union County


Asking Price: Annual Revenue:
$49,000 $80,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: Established Sweet Shop For Sale - 29021 Broker: Gerald Nimberg
Owner Financing is Available!
20,000.00 Down & Balance at 5% over 4 Years.

Quick Facts

Asking Price: $49,000
Annual Revenue: $80,000
Net Profit: Not Disclosed
Cash Flow: $43,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 19914447
Broker Reference #: 29021

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Business Overview:

Situated in Central Jersey, this profitable 30 year old convenience store and luncheonette is poised for significant growth. The market for its coffee, breakfast and sandwich business is untapped, there is a substantial employment base in short walking distance that includes a post office, police station, City Hall, library and court house and a bus stop and church even closer. And, the immediate neighborhood is undergoing rapid development bringing in new condominiums and, with it, new business. The current owner is nearing 80 years old and he is retiring. He has diminished the hours of operations over the years and no longer provides more than coffee and a muffin for breakfast unlike in years past and he now offers no lunch. The store has counter seating and is about 60% utilized providing ample space to develop a true coffee, breakfast and lunch business. It does minimal take-out business and offers no delivery service to a significant, almost captive market. The store also provides money order, newspaper and lottery services and a selection of snack and grocery items. It closes each weekday at 5:30 pm cutting short its service to homeward bound workers. Saturday, the store closes at 2 pm and it does not open on Sundays foregoing service to nearby churchgoers. The neighborhood is well-suited for either an upscale cafe or for a food delivery service. Please contact the broker at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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Reason for Selling:

Other business interest.

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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