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Businesses for Sale: Listing Details

 
BAKERY/CAFE
Seller: Attn: Larry Bodner
Location: Morris Co, NJ, USA
Listing Number: "3577jh"


Asking Price: $899,000 USD USA Dollars
Industry: Food & Beverage: Coffee, Cafe, Dessert
Reason for Selling: Has other business interest
Year Established: 2002
Number of Employees: 20
Yearly Cash Flow: $130,838
Yearly Gross Income: $1,462,972

Overview:
Franchise restaurant located at end of a strip mall. Store in process of remodeling adding extensive menu, and pizza oven, and table service should increase sales from 4%-15%. Needs owner/operator/baker to be hands on. One of the partners looking to stay on. Specializing in sandwiches, salads, soup, bakery. New Micros point of sales. New Lucent phone system. Buyers qualification: Net worth $200,000, School 6-8 weeks in Atlanta, Ga. In store training 2-3 weeks, restaurant experience, terms approved by franchiser. Buyer will guarantee floater equal to 1 year rent to landlord. Company will do same for remaining years.

Property Features and Assets:
Approximately 5,600 square feet, parking lot, new Point Of Sale system and Lucent phone system. Lease 14 years.

Additional Details:

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