Cafe In High Rise Complex
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $385000
Net Profit / Cash Flow $80000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1975
Number of Employees 1 - 3
Inventory $175,000 equipment & $1,500 inventory.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The seller will supply a full transitional period and remain thirty days post closing.
Reason for Sale Alternative business out of the general area.
Description Highly successful Deli and Pizzeria business located in a twelve story high-rise 430 unit complex with thousands of residents and visitors with a full time door man. The business is minutes from the Lincoln and Holland Tunnels and on a major access road with a huge volume of drive by traffic. The sale includes a large commercial kitchen, and all the required equipment necessary to run and maintain this successful Deli Pizzeria. The facility is 1,650 square feet with multiple entrances for the various customers it serves. The business has a yearly gross income of $360,000 and a consistent net income to the owner operator. The facility consists of 1,600 square feet in a 430 unit high-rise complex with a clean modern image. The facility has private seating and a separate entrance into a large modern lobby with a full time door man. The business is located in an extremely highly populated urban area of Hudson County, New Jersey on a very active road close to the two New York Tunnels and boarding next to the city of Hoboken.
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