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Well Established Catering And Cafe Store For Sale

Union County, New Jersey, US
Asking Price:
$174,900 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$590,613
Cash Flow:
$122,850

Full-service catering and fine European cuisine, plus a large selection of amazing desserts to compliment your party!

Catering for gatherings of virtually any size, from small, intimate dinners & cocktail parties to events for up to three hundred guests, in many different venues, customized to each client's personal style.

Everything is made to order in their in-house cafe, with seating inside and out during the warmer months. All food is made in-house from scratch with the best-sourced ingredients. There are new daily fresh items in the cafe, such as pasta, fish, and meat dishes, to choose from!

Attention to detail is unsurpassed, and event planners guide clients through every aspect of their event. They pride themselves on building long-lasting relationships with clients and customers so that they can become part of their family.

Property Information

Real Estate:

Lease

Premises Details:

This storefront location is on a main street in a busy downtown area. In addition to on-street parking, there are several spaces allocated to this location at the rear of the building.

During the summer months, outdoor tables and seating are available.

There is a full basement with multiple freezers and refrigeration as well as ample storage space.

Business Operation

Expansion Potential:

Catering revenue continues to grow as catering services gain popularity along with consumer spending driving demand.

The catering industry is projected to grow steadily thru 2028 with profit stabilizing at 5.6%.

Competition / Market:

The industry is expected to experience an uptick in profit margins.
Household demand is expected to increase in line with consumer spending growth. More restaurants are growing their catering services in direct response to consumer trends.

Demand rebounded in 2021 after the Pandemic as restrictions eased on large gatherings.

Reasons for selling:

Owner relocating out of state.

Trading hours:

Mon-Fri 11am-5:30pm; Sat 10:30am-3:30pm

Employees:
1 FT/6 PT
Years established:
23

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Furniture / Fixtures value:
$32,000 - included in the asking price
Inventory / Stock value:
$3,000 - included in the asking price