Highly successful Quiche Café Restaurant established approximately 28 years ago in an active area of Northern New Jersey and in the county of Bergen. The business is currently owned and managed by the original owner who is now retiring after many successful years in the food service industry. The restaurant is known far and wide for its Quiche and variety of quality café foods and is also known for a broad range of other contemporary traditional foods. The restaurant prides itself on fresh, home-style products and features an intimate banquet room for private parties and meetings with additional seating available. The restaurant also has a spectacular secluded garden for the pleasure of diners of all ages which includes their outdoor waterfall and pond. This wonderful oasis is for their customers to enjoy while they dine and take a break from the urban hustle and bustle. The business was featured in The Record's Top 10 Alfresco Dining Restaurants in Northern New Jersey. Additionally, the business has previously offered area cafés and restaurants their quiche wholesale products for their respective establishments which can further develop the company's gross sales. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a solid investment return to the owner operator prior to debt service. This industry does not require government agency approval to purchase. This retail facility which consist of 2,500 square feet with has an attractive modern appearance. The business is located on an active avenue, in a free standing building with various other active and successful businesses in the general area. This opportunity is located in Northern New Jersey, Bergen County, which consists of various affluent communities with continued demand for this particular industry. This particular business has three full, seven-part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $8,750. The seller also owns the property and will supply a commercial lease which will expire 2026-01-01 plus additional options, an option to purchase the property, with a monthly rent of $5,000 plus cam and rent security $5,000. The business is located in a free stranding facility which consists of 2,500 square feet has a capacity for approximately one hundred customers with additional outdoor seating.The business assets, based on the past year corporate tax returns is approximately $175,000 and the sale consists of a fully equipped Restaurant which includes a full commercial kitchen, refrigeration & freezer units, POS system, displays, shelving, tables, computers, fire suppression system including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private and public parking on site as part of the commercial lease. The business is active seven days per week, with hours from 11:30 am to 9:00 pm. The sale includes a certificate of occupancy from the particular municipality and the required state or city licenses to conduct its day to day business. The owner will remain post-closing in order to supply an appropriate training & transitional period to the new operator. The owner is retiring after thirty years in the restaurant industry.

Posted Jun 13, 2016

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