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Bagel, Bakery & Coffee Shop For Sale
Location: United States -> New Jersey -> Cape May County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

A modern cafe and grille located down the Shore in Cape May County has just come on the market. Less than three years old, the Seller is forced to sell his business to settle an estate. All baking (bagels, pastries and muffins) is done on premises; the bakers will stay. The cafe offers a full breakfast and lunch menu and the grille adds menu items to a dinner fare. The business has grown rapidly, up 70% in 2016 vs. 2015 and up again 30% YTD in 2017 vs. 2016. Despite its seasonality, the business operates year-round and is gaining reputation in the area reaching workers at local businesses and permanent residents. It seats 24 people indoors and 23 outside. Plans are/were being made to add additional seating outdoors under awning. Storage is huge and the equipment is top of the line. The Buyer can also acquire an option to buy the property. This a perfect time to buy this business. The Seller is motivated; ample Seller Financing is Available Please contact the broker at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $400,000
Cash Flow:   $120,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $10,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will train buyer.

Photos

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Bagel, Bakery & Coffee Shop For Sale Photo 1




Print Listing Id: 700285428
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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