High Quality NJ Cafe Deli & Ice Cream Parlour For Sale

Business description

A prominent corner location in an affluent town and superior quality products have driven this independent gelato, soup, smoothies, salads, and frozen yogurt business to achieve 20% annual growth in each of the 3 years since its start-up. Despite a tough economy this business continues to grow with an advertising program that is limited to a web site which updates the soup specials weekly and a weekly e-mail/fax list of 200 customers. Although this business is independently owned, it has leveraged the great quality of a locally known soup brand, the exceptional taste of a low calorie frozen yogurt brand, and the unique flavors of an ultra-premium gelato brand. The business is simple to operate from its small footprint of only 800 square feet plus limited basement storage. The premises include seating for 14 inside, 8 sidewalk and 5 balcony. The business is nicely balanced with 50% of the business in gelato and frozen yogurt, and 50% of the business in soup, salads and smoothies. There is a substantial lunch business as well as after-school and evening business. The location of the business near local attractions brings many walk-in customers. Take-out and deliveries are offered with 90% of the deliveries within easy walking distance. There is excellent potential to continue the growth record by offering breakfast service, pre-made sandwiches, and ice cream cakes or by expanding the delivery business. The simplicity of this business makes it ideal for a hands-on individual or partners, a family, or a partial-absentee owner. You can own this exceptional business, but you must make an inquiry to learn more!

Franchise terms

The location in a pleasant shopping district of an affluent town brings a continuous stream of walk-in customers from the nearby Paper Mill Playhouse, 2 schools, and a park that hosts summer concerts. The local business alliance does an excellent job of promoting downtown events that draw many customers. See the business web site: http://www.iwantcoco.com/ . The business offers the New York-based HALE & HEARTY SOUPS brand, which is well known in this bedroom community of commuters to the city. The business has generated excellent growth this year by adding the frozen yogurt FROGURT brand, which has been made famous by 40 CARROTS AT BLOOMINGDALE?S. Customers have developed a taste for the untra-premium CIAO BELLA brand of gelato, which originated in Little Italy, Manhattan. The business offers the freshest salads in town. The business is seasonally balanced with refreshing gelato and frozen yogurt for the summer months and hearty and wholesome soups for the winter months. There are no annual rent increases. The cash register ties into a computer record of sales. All payroll is managed by a payroll service for easy management. The build-out is only 3 years old, and it includes all new floor, ceiling, door, furnishings and awning.

Property information

Real Estate:

Lease

Other information

Support & training:

yes

Reasons for selling:

other interests

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

8% over 24 months

Furniture / Fixtures value:

$120,000

Inventory / Stock value:

$4,000