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Global Inspired Eatery and Bakery-$390K Cash Flow

Essex County, NJ
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Asking Price:$1,000,000
Gross Revenue:$2,492,274
FF&E:$145,000
Cash Flow:$390,137
Inventory:$12,000
Established Year:2017
Listing ID: 2230669Listing provided by BizBuySell
BUSINESS DESCRIPTION

$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.

DETAILED INFORMATION
Location
Essex County, NJ
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,900
Employees
21
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Beautiful 1,900 sq. foot eatery with outdoor seating. Additional 1,900 sq. feet in basement that's used for prep and storage.
Competition
One would expect competition in this Foodie town but there is enough business for all. A favorite among all locals!
Growth & Expansion
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.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
Owners moving onto new business venture.
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Darren
Smith
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Darren Smith
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