Business for Sale Overview:
The easy–to-operate cafe is an independent bagel shop, unaffiliated with any chains or franchises. Their wide variety of New York-style bagels, along with the cream cheese, is made fresh, from scratch, every day. The interior and exterior are nicely decorated.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The shopping center is in a residential area, with some professional office buildings nearby. It is anchored by a major tenant and many other popular businesses. The cafe operates in a 2,000 square foot, bright and nicely decorated retail space. If the new owner wished to add his or her personal touch to the decor, that could readily be done. There are 6 years remaining on the Lease and more renewal term can be negotiated with Landlord. Much of the trade is takeout, although there is indoor seating, and outdoor seating when weather permits.
Market Competition and Expansion:
Competition: This center consists of many popular restaurants, both independently owned and franchised. However, there is not another restaurant that serves breakfasts or bagels, except for the infrequent one or two bagel choices that may be offered occasionally at Starbucks. In one sense, the presence of these other restaurants is an advantage to the Seller, in the same way that automobile dealerships tend to cluster in given areas. A “critical mass” of eating establishments brings in a large volume of customers, who then are exposed to the unique offerings of this restaurant. Expansion: In addition to food sold on premises, this cafe also does catering for nearby commercial and civic organizations. He owners believe that one of the greatest growth opportunities lies in expanding the catering operations.
A new owner may choose to add a full breakfast menu or a diner type of menu to this business. As evidenced by many lunch and dinner type of restaurants in this center, there is much traffic by restaurant goers. None of the current food establishments offer full service breakfasts.
A new owner may consider increasing revenue by turning the old bagels into bagel chips or packaging them to sell as day-old bagels as found in some other bagel shops (in a fashion that won’t cannibalize the sales of fresh bagels).
Reason for Selling:
personal
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.