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#Business ID: 20296

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Cafe in an Affluent Town

Business Location: Essex, New Jersey, United States

Asking Price: $ 89,000 Revenue: $ 201,177 Cash Flow: $ 53,828

Business Summary

Soft serve frozen yogurt shop on a prime corner location of an affluent town. Much of the clientele is from Essex County. Heavy foot traffic with ample street parking. Furniture, fixtures, and equipment valued at $30,000 is included in the sale. It's all in very good condition. For further information please contact Seth Kain at 908-851-9040 Ext. 287 or at 201-317-4710.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

The property is owned.
This is not a homebased business opportunity.
This is not a franchise resale opportunity.

Property Details

Years Established:

2006

Property Type:

Lease

FF&E:

$ 17,500

Other Business Details

Premise Details:

880 square feet, which includes an outside deck and seating directly in front of the store. Ample street parking in the heart of an affluent town. The furniture, fixtures, and equipment are in very good condition. A new owner could get a long term lease with at least one (5) year option and perhaps more.

Competition:

There is some area competition for soft serve yogurt and gelato. But, this business has a unique area concept since they offer a mix of panini’s, soups, and salads as well.

Expansion Potential:

A new owner should do some advertising and promotion to increase sales and profits. The menu could be increased to include some wraps and some additional desserts.

Business Operation Details

Employees:

5

Support & Training:

The owner is willing to train/ assist the new owner.

Miscellaneous Details

Financing Available:

Yes
Prime + 2% for up to four years for qualified buyers.

Reason For Selling:

The sellers would like to relocate.

Contact this seller

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