Seller's Contact Information
- RE: Bagel Deli
- Contact: Customer Service
Quick Facts
| Asking Price: | $110,900 | |
| Annual Revenue: | $300,000 | |
| Net Profit: | $55 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 80,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2000 | |
| Employees: | 4 | |
| BBN Listing #: | 69073909 | |
| Broker Reference #: | BGL295 |
Business Overview:
Profitable Bagel Deli Business in an active commercial area in Northern New Jersey in the county of Passaic. The business has a gross yearly income of $330,000 and net yearly income of $75,000. The business is highly popular and expects a further increase in the gross sales. The business has a fully equipped high-capacity commercial kitchen. The 1,900-square foot facility is conveniently located in a highly active populated commercial mall with many other successful retail businesses. This location offers a full menu, seating for twenty customers, and quick service for take-out orders. The state-of-the-art equipment is well maintained, and in excellent working condition. Based on the asking price, suggested down payment and yearly net income, this business expect to supply a consistent return on investment to the owner operator. This is an excellent investment, please call for further details. The assets (as per owner) have an estimated value of approximately $80,000 which is based on replacement cost of equipment, licensing, etc. The sale also includes a commercial kitchen and prep area, tables & chairs, POS & phone system, various refrigeration units, commercial scale and various equipment required for this retail food service industry. The yearly gross income, as represented by the owner is approximately $300,000 and the business will evidence a present yearly net income of approximately $55,000 based on an onsite owner operator which includes any seller discretionary income and prior to any debt service. Due to several reasons and seller discretionary income, a formal due diligence is recommended.
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Property Features and Assets:
This bagel luncheonette business is in a highly active commercial mall with daily shoppers and workers. The facility is clean-modern with an attractive image, 1,900 square feet with an attractive appearance. The facility has a full stage kitchen for fast food service and a large rear commercial kitchen and preparation area. This profitable business is in an upscale and highly populated urban area of Northern New Jersey with numerous malls and various companies.
Market Competition and Expansion:
To the best of our knowledge, no other competitive Bagel businesses are expected in this area, additionally seller will supply an appropriate non-compete agreement to purchase.
Reason for Selling:
Absentee owner.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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