Semi-Absentee Coffee Shop in Growing Market

NOT DISCLOSED, New Jersey

Asking Price	$450,000	Year Established	2020
Annual Revenue	$579,025	Reason for Selling	The owner is a trained dietician and is going to return to work in that field.
Annual P/L	$0	Attention	Eric Sharret
Annual Cash Flow	$135,148	Listing Number	1016453
# of Employees	7	Business Category	Food & Beverage: Coffee, Cafe, Dessert

Business Overview:

Well-established coffee shop located in a desirable and growing area. The business is semi-absentee, with the owner primarily responsible for scheduling and payroll while day-to-day operations are handled by the staff.
Strong and growing revenue year over year.  The company has been Lender pre-qualified.

Property Features and Assets:

<p>Bright and airy space on the main street with separate seating area available for private events.&nbsp; The location is positioned for continued growth with a significant new apartment development about to break ground directly across the street.&nbsp;&nbsp;Assets = $104,000</p>

Market Competition and Expansion:

<p>The store is in the main area of town.  While there are other coffee shops in the area, they lack the central location and loyal customer following.<br></p><p>The business has been growing every year and will benefit even more from the development of a large apartment complex across the street.  Additional revenue opportunities include private catering and rental of the back room for private events and groups.  <br></p>

Additional Details: