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- RE: Profitable And Absentee Owner Two NJ Coffee Shops
- Contact: Eric Mendelsohn
Quick Facts
Asking Price: | $475,000 | |
Annual Revenue: | $986,281 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $168,136 | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 10 | |
BBN Listing #: | 989868 | |
Broker Reference #: | 6842-413193 |
Business Overview:
This is a rare opportunity to acquire a coffee shop operation with two prime locations in high-traffic New Jersey neighborhoods. The business has a loyal customer base and sells coffee, pastries, salads, and sandwiches.
Operations are straightforward and do not require prior industry experience, making this a great fit for first-time buyers or experienced operators alike. The business is currently being run absentee with a great staff in place. The SDE does not add back a manager's salary making this is a great investment.
The locations include attractive lease terms with options to renew, and the business employs a strong team with low turnover. With a solid customer base, limited direct competition, and a growing market, this business is well-positioned for continued success. The seller is open to 25% seller financing.
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Reason for Selling:
Consolidating into new locationAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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