Business Broker.Net | Connecting Business Buyers and Sellers

Business for Sale Overview:

This very busy bagel restaurant and building have been established on this very busy street for 30 years and has many loyal customers. There is seating inside for 35 and outside for 16. This free standing building also has a drive-thru window which accounts for about 30% of the business. 40% of business is dine in and the rest take-out. The building was rebuilt and the equipment replaced in 2005 after the hurricanes. The building is now up to the new building codes and the equipment is new. There are lots of opportunities to grow the revenues. The wholesale business could be expanded (presently $1,000/month). Delivery service could be started. The restaurant could also be opened evenings with the bagel ovens used for other food items like pizza. The restaurant was closed for 1 year for rebuilding and was reopened in November, 2005.

Property Features and Assets:

This listing includes inventory valued at $2,000 - furniture & equipment valued at $150,000 - leasehold improvements valued at $25,000 and Real Estate valued at $1,000,000.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This may become a homebased business opportunity.
• This may become a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.