Bagel Manufacturer/Wholesaler/Retailer
Not Disclosed, PA Not Disclosed
South Central Pennsylvania
Seller's Contact Information
- RE: Bagel Manufacturer/Wholesaler/Retailer
- Contact: Jack Greenawalt
Quick Facts
| Asking Price: | $285,000 | |
| Annual Revenue: | $479,213 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $107,429 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $78,315 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1995 | |
| Employees: | 9 | |
| BBN Listing #: | 38974955 | |
| Broker Reference #: | 2602-17511 |
Business Overview:
This Business is the original and only manufacturer of New York style, kettle-boiled bagels within multiple counties of its manufacturing location. All dough is made from scratch daily using original recipes to produce twenty-four bagel varieties. At the same manufacturing site, a full line of pastries and cookies are also produced daily. The Business has two retail locations, one which is a full-service cafe. The second is a thriving farmers market operating every Friday and Saturday.
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Property Features and Assets:
The Business has a manufacturing and retail location in a suburban strip mall. This is their main location where they manufacture the bagels pastries, cookies, and cream cheese daily. In the front of the facility there is a café with seating and take out service available. The wholesale delivery part of the business is operated here as well. Rent is currently $1,900 CAM charges--(Estimated at $2,513 per month). The second location is in an upscale farmers market. This location is open on Fridays and Saturdays. The market has been in operation for many years and is extremely busy with patrons during both days of operation. There is a high demand for the limited number of retail locations within the market and typically businesses do not give them up too frequently once they are able to obtain them. This business is no exception. They have had an extremely successful retail stand at the market since 1997. Rent currently is $280 per month. Assets = $81,315
Market Competition and Expansion:
There is only one other competitor known in the overall area that manufactures bagels, but the type of bagel is different than the New York style. There is potential to increase revenue by opening on Tuesdays in the Farmers Market. Currently, the Business is only open Fridays and Saturdays at the Market.
Reason for Selling:
To invest more time in another business he owns.
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
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