Bagel Shop with Seller Financing

Not Disclosed, PA
Bucks County

Asking Price: Annual Revenue:
$300,000 $643,139

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Bagel Shop with Seller Financing Broker: Philip Davis
Owner Financing is Available!
$150,000 down/$150,000 over 36 months @ 8%

Quick Facts

Asking Price: $300,000
Annual Revenue: $643,139
Net Profit: Not Disclosed
Cash Flow: $138,362
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 10
BBN Listing #: 85154955
Broker Reference #: 2702-15856

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Business Overview:

This regional "GO TO" place with a regular TAKE-OUT customer base has had minimal COVID caused reduction in sales! They are already back to making $12,000 a week in sales as of the end of June 2020!

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Property Features and Assets:

The eatery leases space in a strip mall adjacent to a very popular Shopping Center and High School with lots of weekend sports traffic! The area is is a growing shopping hub that has seen massive growth over the last couple of years and is projected to contnue. Assets= $63,000

Market Competition and Expansion:

The Bakery Cafes industry is expected to continue to grow over the five years to 2024. The industry has plenty of room for growth, and aggressive store openings by major players are set to continue as consumer demand increases. The broader economic environment is expected to improve during the outlook period, meaning growing consumer spending and confidence will spur revenue growth. By 2024, IBISWorld expects the industry to earn $11.8 billion in revenue and account for a greater share of the broader food service sector. Consumer spending is expected to increase an annualized 2.0% over the five years to 2024 as per capita income improves. This will stimulate spending on out-of-home meals and enable consumers to splurge on more-expensive menu items. While value will remain an important factor for most consumers, the trend toward premiumization within the entire food service sector will continue. As consumer awareness about the nutritional content of products becomes more widespread, bakery cafes will continue to include more healthy offerings. Healthy, high-quality cuisine will become the norm, and consumers with higher incomes will be prepared to pay a premium for it, further assisting industry revenue. There has been a demand for Catering which has yet to be explored. In addition, the afternoon and evening hours could provide burgers and sandwiches serving the various sports fans and families since soccer, tennis, football, baseball and basketball games are well attended events!

Reason for Selling:

The owner wants to grow his newer business.

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.

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