Highly Profitable Breakfast-All-Day Café & Coffee Shop WITH PROPERTY
Union County, NJ
| Asking Price: | $2,100,000 |
| Gross Revenue: | $1,935,000 |
| Real Estate: | $1,125,000 |
| Cash Flow: | $430,000 |
| Inventory: | $10,000 |
| Established Year: | 2004 |
Listing ID: 2270210Listing provided by BizBuySell
BUSINESS DESCRIPTION
HIGH VISIBILITY free-standing corner restaurant with parking lot in the center of the town shopping area.
Family Owned & Operated For Over 40 Years.
Fully renovated building and brand new kitchen and basement prep area completed less than 2 years ago.
Well planned high margin menu with focus on BREAKFAST/BRUNCH ALL DAY, sandwiches, waffles & pancakes. Limited popular diner entre selection of steaks, ribs, fish, chicken & pasta dishes.
Great coffee.
Affordable menu attracts families.
Fully staffed with long term employees.
Semi-Absentee owner.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Union County, NJ
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Employees
28
Facilities
Free standing CORNER building on quarter acre (11,326 SF) with 2,479 SF restaurant with full basement.
This is an opportunity to buy a commercial space on one of the busiest streets in Union County.
Located across the street from schools, near medical offices and municipal buildings.
This lot sits at at a corner with a traffic light.
Renovation includes new fixtures & fittings & kitchen with all new top-of-the-line equipment.
ON-SITE parking with 20+ spaces.
Possible to LEASE the restaurant only with 5 year option to purchase the property.
Competition
Business is consistent with breakfast & lunch accounting for 70% of sales.
Great menu with high margin on breakfast EGGS menu served all day.
Fantastic online reviews.
The restaurant is packed on the weekends for breakfast & brunch.
Growth & Expansion
Strong delivery business from the on-line delivery platforms and restaurant website.
Restaurant closes at 9 pm.
Strong potential upside for eat-in & pickup dinner.
Opportunity for building corporate catering and delivery to corporations close by.
Financing
Seller will FINANCE 40%+ of the restaurant purchase price.
Support & Training
Owner will transition
Reason for Selling
Retiring
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