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Asking Price$225,000
Revenue$442,000 Established2019
Cash Flow$86,175 Employees14 part-time
FF&E$150,000 FranchiseNo
Inventory$20,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 34343
Artisanal gelato shop with Italian recipes and equipment. Family run business ideal for franchising, also offers pannini sandwiches, espresso and coffee, pastries, cold beverages and holiday gifts. Gelato is made fresh, on-site daily. Shop is located in the heart of one of Northern NJ's most vibrant and high traffic downtown suburban areas. Inside seating for 16 and outdoor seating for 20 . Location (7 years on lease) is surrounded by highly-rated restaurants, bars and entertainment venues. Once-in-a-lifetime opportunity to purchase a fully-established venue that attracts visitors from all over NJ who rave about the product. Operating margin of approximately 20% and rising after only one year of operation. Owners all have other jobs and are not able to manage rapid growth. For any additional info do not hesitate to call the listing broker, Nathan Goldstein, at 877-735-5224.  
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Training/Support:Seller will train
Seller Financing:110,000.00 Down & $115k at a rate of 7% for 60 months
Sale Reason:Other priorities
Ad #131811
Seller Reference #34343
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