Description Ultra-modern recently remolded Bakery Caf‚ located in Northern, New Jersey located in an affluent city of Morris County, New Jersey. The business has a 2013 gross yearly income of $1,824,798 and a consistent net income of $209,000. The facility has been completely and fully upgraded with new state of the art equipment consisting of two floors and a beautiful ultra-modern image. The owners who are essentially absentee as a corporate group have elected to retire after many years of success. This Bakery has provided delicious cakes, pastries and breads to residents of New Jersey since 1971. They invite you to visit this stunning business and see for yourself the dedication to quality and service that has made them famous. Whether you are looking for an elaborately decorated, one of a kind wedding cake, special holiday treat or creative child's birthday cake, this retail Bakery has been satisfying customers in the same location for more than four decades! The sale includes two fully equipped state of the art kitchens, refrigeration units, displays, POS system, a fully equipped office, and various equipment required for this particular food service industry. The building has a seating capacity for 75 customers, 6,500 sq ft, with two floors consisting of a fully operational finished basement. The present owner is absentee and does not function with the day to day operation of this business. This retail food business presently has twenty two workers who are unaware of the pending sale and fully expected to remain post closing, monthly payroll is approximately $25,000. The sale includes a ten year commercial lease plus options with a monthly rent payment of $12,540 and a rent security of $20,000. The facility has substantial municipal parking nearby to the business location. The business is operational seven days weekly with hours from 6:00 am to 6:00 pm. The business has a Certificate of Occupancy to conduct business at this location and a food handler's license.
