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Coffee Shops For Sale (New Jersy, United States) Asking Price:$92825

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Coffee Shops For Sale


Revenue $Available on request, Cash Flow $Available on request, Established 2001

Modern high capacity two year young Bagel deli business in an active mall with high volume traffic and lots of private parking. The sale is due to a partner separation & relocation and the price has been set most aggressively with owner financing available. This 1,750 square foot Bagel Deli business is located in an active area of Hunterdon County, NJ. This profitable six day business operation produces a consist gross weekly income of $8,000 and a consistent net income to the owner operator. This Bagel shop bakes its own products with a fully equipped commercial high production kitchen. The sale includes a full commercial kitchen, new mixer and ovens, walk in refrigeration, freezers, hand tools, including various equipment required for this particular industry. The building has a legal capacity for sixty two (62) customers, 1,750 square feet, on one main floor with no basement. This retail business requires two employees in order to maintain the day to day operation with a monthly payroll of approximately $3,900.00. This business location has substantial private parking on the site and part of the lease. The business is operational seven days weekly with hours from 6:00 am to 5:00 pm. This particular industry does not require any particular license other than a certificate of occupancy and health certificate to conduct its day to day operation. The business has an assignable commercial lease which expires 2028/01/01 with a monthly rent of $4,350 and security $8,000. Based on the asking price, required down payment and net income this business should supply a 28% return to the owner operator prior to debt service. This is an excellent safe business opportunity.

Business Information

Number of Staff

3-5

Ownership

Yes

Any Expansion potential

Yes if needed

Reasons for selling

Business/Marketing

Any Inventory / Stock value

Yes

Is this a home-based business

Yes

Property

Yes

Telephone

Business Location details

Hunterdon County, New Jersey

Competition / Market

Business

Trading hours

Whenever

Any Support & training

Yes if needed

Any Furniture / Fixtures

Yes

Any Living Accommodation

Yes

Can this business be relocated?

Yes

Is this business part of a franchise?

Yes