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Neighborhood Coffee Cafe & Eatery with Specialty Drink & Sandwich Menu

Jersey City, NJ
listing image
Asking Price:$275,000
Gross Revenue:$737,540
Rent:$3,059
FF&E:$98,210
Cash Flow:$221,426
Inventory:$8,080
EBITDA:$114,678
Established Year:2015
Listing ID: 2232544Listing provided by BizBuySell
BUSINESS DESCRIPTION

Short Grain is a neighborhood café and eatery located in the historic Van Vorst Park district of Downtown Jersey City. This corner cafe features specialty coffee, sandwiches, brunch, and small plates. The menu is inspired by the things we love to eat and recipes that reminisce our past, present, and future.

This is a Business Sale of the business assets (FF&E), business name, Intellectual Property, Inventory and all operational rights to a very visible and prominent breakfast and lunch eatery in a highly populated residential and business neighborhood of Jersey City, NJ. The cafe is located directly across from the high traffic Jersey City Hall, and is frequented by city government employees, city hall visitors, local business employees, and local residential neighborhoods of South Jersey City. Revenue is generated from a 12 seat dine-in area, sidewalk table service, takeout, delivery, and catering offered to large groups and offices. Buyers: Please Do not inquire or discuss this with the Employees or Owner of the Business. This is a Confidential Business Sale and you should contact the Broker for any information.

DETAILED INFORMATION
Location
Jersey City, NJ
Inventory
Included in asking price
Real Estate
Leased
Building SF
650
Lease Expiration
31/05/2030
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The is a ground floor, street corner cafe located on Montgomery Street and visible from the Jersey City Hall entrances and parking lots. Seating for 12 people in the dining room, a countertop pickup and delivery service area, a full cooking kitchen with 6' ventilated hood, grill, fryers, expresso maker, deli cooler/prep table, rolling freezer and coolers, unisex restroom and exterior loading and service area.
Competition
Located in the Jersey City Hall / Van Verst Park Neighborhood, which is densly populated with high rise, apartment and condominium developments, townhouse residential, city government support facilities, light industrial and multi-stories office towers. The neighborhood also features Exchange Place (NJ Path Station), Paulus Hook NYC Ferry Terminal, Jersey City Medical Center, Whole Foods Market. The neighborhood features numerous restaurants and cafes that services the residential and business populations and considered complimentary to this cafe.
Growth & Expansion
The restaurant is fully operational and features very interesting menu of breakfast, lunch and light dinner preparations. With the coffee and beverage service and available hot/cold and deli dishes, it is performing at fully capacity for the demand in the market. There is opportunity to expand the catering and event business, considering the density of residential and concentration of office employees, in the immediate neighborhood.
Support & Training
Own is willing to train and orient new owner/operator and provide guidance on the preparation of the current menu
Reason for Selling
Owner is operating and opening additional restaurants in the area.
BUSINESS LOCATION
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Mark
Mueller
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Mark Mueller
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