Very Successful Restaurant/Juice Bar in Incredible Location!

Price: $489,000

Location: Jersey City

Industry: Cafe/Juice Bar


Listing Description

LOCATION! LOCATION! LOCATION! This restaurant/juice bar is in a superb location, located right next to a major transportation hub. The restaurant has a long standing loyal customer base and always has high volume foot traffic.
There is an option for partnership as well. Owner is willing to bring on an experienced chef or restaurant expert for $250,000 for 50%.

This restaurant focuses on supplying the public with healthy delicious foods as well as incredible fresh made juices. Current owner has barley scratched the surface on catering and with a 2nd full kitchen makes for tremendous upside growth potential. This is a dream store for any potential buyer.

Listing Details

Total Sales: $1,100,000

Cash Flow: $180,000

EBITDA: $-25

FFE: $135,000 (Included in Price)

Inventory: $10,000 (Included in Price)

Reason For Sale:

Owner needs an experienced partner in restaurant industry.

Training & Support:

Owner is willing to stay on for 60 days

Operation

Year Established: 2013

Year of Last Acquisition: 2017

Owner Hours Per Week: 40

Employees: 10

Managers: 2

Location

Lease Option: 2033

Monthly Rent: 8000

Type of Location: Brick and Mortar

Square Footage: 2000

Facilities Information:

The previous owner invested over $48,000 on building a 400+ square foot mezzanine upstairs. Location is equipped with a sidewalk cafe license for 5 tables. Located right across the street from a major transportation hub!