SOLD: Established Turn-Key Cafe Business and/or Assets For Sale

Business Description:

Existing cafe located along major Southern New Jersey thoroughfare. Assets and equipment for sale. Current concept is light fare; toasts, salads, sandwiches, coffee and smoothies. Buyer can purchase existing concept or create a new concept in the space.

The space is newly renovated with high-end finishes and equipment including walk-in freezer, convection oven, POS system, and tables/chairs. The owner is looking to retire from the restaurant business. +/- 6 years remain on the lease.

Investment Highlights:

Asking Price: $55,000
FF&E: $55,000
Rent: +/- $1,804/month NNN (NNN~$681/month)
Established: 2021
Location: Southern New Jersey
Real Estate: Leased
Building SF: +/- 1,200 SF
Leasing Expiration: 5/2031
Growth & Expansion: Currently limited hours; increase day & hours for more revenue/ can add catering
Reason for Selling: Retirement
Facilities: Seller renovated space and fit-out with light restaurant equipment