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#Business ID: 20307

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Better Days Ahead For This Cafe

Business Location: Essex, New Jersey, United States

Asking Price: $ 95,000 Revenue: $ 182,000 Cash Flow: $ 23,108

Business Summary

Best days are ahead for this Latin cafe located at the fringes of Essex County campus and one block from sports complex new run town office building. Business now starting to increase as construction workers now appearing at construction suite. Lately business has had a large increase in volume because of $6-$7 lunch per person. 60 lunches per day & growing. Does approximately $60.00 and has increases on deliveries soon 300 construction workers will be one block away increasing breakfast and lunch. 4,000 new jobs at prudential site when completed. Street parking available. Within one year volume will double. 90% cash. Very spacious. Any offer would be considered. For further information please contact Vito Mastromonaco.

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 home based business opportunity.
This is not a franchise resale opportunity.

Property Details

Years Established:

2006

Property Type:

Lease

FF&E:

$ 160,000

Other Business Details

Premise Details:

Spacious interior seats 80 – can do many more functions then what it does now – pizzas – breakfast lunch Latin style new buildings going up around place.

Business Operation Details

Employees:

5

Support & Training:

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

Miscellaneous Details

Financing Available:

Yes
Owner would accept financing for three years at commercial prime + 2%

Reason For Selling:

Partnership and family problems.

Contact this seller

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