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Global Inspired Eatery And Bakery-$390k Cash Flow For Sale

Essex County, New Jersey, US
Asking Price:
$1,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,492,274
Cash Flow:
$390,137

For Sale

$390K cash flow from 2023 tax returns. Successful, turn-key global-inspired eatery and bakery with 100s of 5-star reviews.

Profitable, high visibility, and Vibrant! A MUST SEE! Located in the heart of one of New Jersey's best foodie towns. This eatery is known for their baked goods, freshly made breakfasts, specialty bread, and rotisserie chicken. The grab-and-go section adds a big profit center to the eatery’s bottom line.

Catering is offered, and many regulars get catering for their parties and gatherings regularly. No commercial catering at this time but a new owner can easily bolt on additional revenue by doing commercial catering by building off the excellent reputation.

Property Information

Real Estate:

Lease

Premises Details:

Beautiful 1,900 sq. foot eatery with outdoor seating. Additional 1,900 sq. feet in basement that's used for prep and storage.

Business Operation

Expansion Potential:

No commercial catering at this time but a new owner can easily bolt on additional revenue by doing commercial catering by building off the excellent reputation.

Competition / Market:

One would expect competition in this Foodie town but there is enough business for all. A favorite among all locals!

Reasons for selling:

Owners moving onto new business venture.

Trading hours:

Monday-Sunday 8am-8pm

Employees:
13 FT/8 PT
Years established:
7

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Furniture / Fixtures value:
$145,000 - included in the asking price
Inventory / Stock value:
$12,000 - included in the asking price