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Coffee Shops For Sale (New Jersy, United States) Asking Price:£131356

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Coffee Shops For Sale


Revenue £Available on request, Net Profit £Available on request, Established 2011

Ultra Modern Café Luncheonette Coffee Shop located in northern Passaic County in an active commercial mall. This successful business is three years young and requires on site management for further development. The business has an existing weekly gross income of $8,000 and a consistent net income to the operation. This franchise company can be altered to a non franchise by purchaser’s choice. They opened with the intent of serving the finest selection of specialty coffees, teas and fresh-baked pastries in a warm and inviting atmosphere. The sale includes a fully equipped modern kitchen, ovens, refrigeration, freezers walk up counter, including various equipment required for this particular industry. The building has a legal capacity for 72 customers, 1,850 sq ft, one floor, no basement. This retail business requires cooks and assistants and the staff is unaware of the pending sale and fully expected to remain post closing monthly payroll of $6,500. The sale includes a ten year commercial lease agreement, expires 2024/01/01 monthly rent of $6,500 and rent security of $6,500.The facility has substantial private mall parking on the site as part of the lease agreement. The business is operational five days weekly with hours from 7:00 am to 7:00 pm. The business has a municipal food license to conduct business at this facility. Each batch of coffee they sell is roasted by hand and shipped fresh on a daily basis. Their Master Coffee Roasters view roasting as an art, not a job, and the difference is evident in every cup they sell. They are able to offer the highest quality coffees and teas from all over the world, delicious pastries baked on-site daily and an extensive food program developed by their in-house staff. Based on the asking price, required down payment and net income this business should supply an 18% return to the owner operator prior to debt service.

Business Information

Number of Staff

2-3

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

Passaic 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