Profitable Portuguese Bakery for
148 Whitehead Avenue #2 South River, NJ 08882
148 Whitehead Avenue #2, South River, NJ, 08882
$250,000
For Sale
$250,000
Established Middlesex County bakery with loyal clientele and growth potential.
Property Size1,500 SF
Price / SF$166.67
Days on Market158
Property Features for 148 Whitehead Avenue #2
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Commercial
Listing agency
KELLER WILLIAMS REALTY WEST MONMOUTH
(732) 536-9010
Listed by
MONICA ALMEIDA
Source
Corcoran
Added: Feb 14 Updated: Jul 10 at 3:47PM Checked: Jul 22 at 9:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY WEST MONMOUTH
Investment Insights
Based on property information with market context.
A profitable Portuguese bakery is available for purchase in Middlesex County, New Jersey. The business is situated within a 1,500-square-foot leased retail space located in a high-visibility strip center. The location benefits from consistent foot traffic and a loyal, repeat customer base. The facility comes fully equipped with commercial ovens, mixers, refrigeration units, display cases, stainless steel prep tables, a point-of-sale (POS) system, shelving, and smallwares. The business is a turnkey operation with trained staff already in place. Opportunities exist to expand catering services, online ordering, delivery services, and wholesale accounts, as well as extending operating hours to further increase revenue. This presents a strong foundation for an owner-operator or an experienced baker looking to scale operations.
Key Highlights
- Established and profitable Portuguese bakery with loyal repeat clientele.
- Fully equipped, turnkey operation with trained staff in place.
- Located in a high‑visibility strip center with steady foot traffic.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.4k | $21.60 |
| − Vacancy | −$1.8k | −$1.21 |
| EGI | $30.6k | $20.39 |
| − OpEx | −$7.6k | −$5.10 |
| NOI | $22.9k | $15.29 |
1,500 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$327.7K
$286.7K – $382.3K
NOI $22,939 @ 7.0% cap · market cap 9.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$391.7K
$342.7K – $457.0K
NOI $27,418 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
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FAQs
What type of property is this?
Conventional restaurant - Established Middlesex County bakery with loyal clientele and growth potential.
Where is this conventional restaurant located?
The property is located at 148 Whitehead Avenue #2 South River, NJ.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Established and profitable Portuguese bakery with loyal repeat clientele.; Fully equipped, turnkey operation with trained staff in place.; Located in a high‑visibility strip center with steady foot traffic.
