High-Volume Bagel Store for Sale! Charlotte Market

Not Disclosed, NC
Mecklenburg County


Asking Price: Annual Revenue:
$325,000 $703,934

Food & Beverage: Restaurants, Fast Food, Deli


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RE: High-Volume Bagel Store for Sale! Charlotte Market Broker: Justin Scotto

Quick Facts

Asking Price: $325,000
Annual Revenue: $703,934
Net Profit: Not Disclosed
Cash Flow: $131,181
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 9
BBN Listing #: 99438096
Broker Reference #: 8560

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Business Overview:

Famous Bagel Shop for Sale is located at an extremely busy shopping center in Charlotte, NC Earning a Healthy Six Figures.

Don't pass up the opportunity to own this very well established and profitable bagel shop for Sale.The business is located on a busy road and in a shopping center with several large anchor stores drawing constant business. This business is well established with a 26-yr, long standing reputation in the community. Strong sales volume and reasonable overhead make this a must see opportunity.

Currently open Monday - Friday from 6am –2pm and Saturday from 7am -3pm. The menu consists of bagels, breakfast, lunch, premium deli meats & cheeses. All of the bagels are made fresh on site. All the baking and cooking equipment are in an excellent condition and available for inspection. This bagel shop for sale by We Sell Restaurants is easy to run, and is a turn-key operation. Excellent parking, with indoor and outdoor seating available. Did not close at all during the pandemic while maintaining steady sales.

This Bagel Store for Sale has a solid customer base and is an established brand in the market. In addition to this loyal customer base, providing repeat business, there is significant opportunity to grow by continuing to develop off premise sales. Easy operation with Sunday's off. But, plenty of opportunity to increase hours of operations for more added income to meet customer demand. The business originally opened in 1996, however after 26 years running the business the current owner is ready to retire and motivated to sell.

The seller will also provide hands-on training, so a new buyer becomes a successful operator. Do not miss this great business opportunity. The seller's cash flow, after paying all the expenses, has an owner benefit over $131,000.

This Restaurant is ready for new owner to benefit from profit on day one! SBA funding available with 20% down.
Don't let this fantastic opportunity slip away!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

1 Empire Kettle 1 Gemini Dahlan Deck oven 1 30 qt mixer 1 Bain Marie cooler 60 inch 1 True 6ft deli case 2 meat slicers Hobart and Berkel 3 Amana microwaves 1 60 inch deli sandwich unit 10 walk in cooler is a fixture 8 baker racks 3 Stainless steel tables 1 Toaster oven 8 Tables 20 Chairs 2 Patio Tables 4 Patio Chairs Misc smallwares

Market Competition and Expansion:

Charlotte has seen the job market increase by 3.5% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 38.0%

Reason for Selling:

Retirement

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.

Relevant Links:

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