Profitable and Absentee Owner Two NJ Coffee Shops

Listing Number: 6842-413193

Description

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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Listing Details

• Price: $475,000
• Down Payment: $356,250
• Sellers Discretionary Earnings: $168,137
• Total Sales: $986,281
• Location: Hudson County, New Jersey


• Inventory: $0
• FF&E: $150,000
• Employees: 10
• Reason for Selling: Consolidating into new location
• Category: Food Business Retail,Restaurants