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Coffee Cafe Business In New Jersey For Sale

Bergen County, New Jersey, US
Asking Price:
$795,000 Inventory / Stock included
Sales Revenue:
$1,000,000
Cash Flow:
$250,000

Beautiful, professionally designed and constructed corner freestanding building, Coffee Cafe' in upscale New Jersey neighborhood. Uniquely conceived national licensing concept providing the finest coffees and loose leaf teas from around the world and roasted in-house. A wide range of specialty sandwiches, assorted food and bakery fare.

Indoor seating near 50 with outside seating for 20. Limited on-site parking, but free city parking across the street. Near all bus lines. The owner has several other locations and is looking to sell this premier location. Lease: 8 years remain on base (3%cpi) with 2 - 5 year options (3% cpi). 45% increase over 2021 revenues.

Base rent: $8,000 mo./R/E Tax: $1,600 mo. SBA funding is possible for the right buyer. Call the broker, Bryn Jones, today to learn more about this listing!

Business Operation

Reasons for selling:

Business expansion opportunity

Employees:
4FT/6PT
Years established:
2021

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

475,000.00 Down & $320,000,00 @3 years @6%

Furniture / Fixtures value:
$350,000
Inventory / Stock value:
$20,000 - included in the asking price