Business Overview:
This is an excellent opportunity for anyone looking for a simple yet profitable business. Only Four Years young with top of the line equipment this business proves to be a solid investment for anyone wanting to own their own business. Having a loyal customer following, the business serves breakfast and lunch. Only open limited hours the store is presently is closed by 2pm and could be open more hours which in turn will lead to more revenue. As it is now, the business is being run 100% absentee and is an excellent opportunity for someone looking to expand or owner operated. To build a bagel shop like this from scratch would easily run you $150,000 if not more. The owner is motivated and very easy to work with. This store is priced very aggressively to promote a quick sale.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
1,200 leased square feet at a great rate with excellent terms. Seating for 20 plus. Strip mall location along a main commuter route with great traffic flow. All newer equipment maintained to the highest degree.
Market Competition and Expansion:
No other Bagel Stores are in the immediate area. Currently this absentee owner is not running the business to its full potential. Only a small amount of advertising and currently this absentee owner is not looking to expand or pursue commercial accounts including delivery of its products. The business is currently operated absentee, and an owner/operator can do much to improve the bottom line. Having an owner/operator on the premises, extended hours, and advertising should greatly improve financial results.
Reason for Selling:
Absentee owned and would like to concentrate on other
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.