Bagel Shop for Sale in Broward County

Oakland Park, FL
Broward County

Asking Price: Annual Revenue:
$199,000 $437,718

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Bagel Shop for Sale in Broward County Broker: Ken Eisenband

Quick Facts

Asking Price: $199,000
Annual Revenue: $437,718
Net Profit: Not Disclosed
Cash Flow: $78,575
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 8
BBN Listing #: 8298096
Broker Reference #: 7612

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Business Overview:

Buy this Cafe and Bagel Shop for Sale near Fort Lauderdale. Live in the sunshine state! Live in one of the country's most densely populated states. Forget the tax man! No state income taxes. Sunny beaches and a business friendly climate. This bagel shop for sale has been in business since 1998. Current owner purchased the business in 2016 in order to obtain E-2 Visa. The seller has an opportunity in another field and has decided to sell. Seller is offering financing to qualified buyer. The owner currently works about 20 hours per week in the business. This is a Golden opportunity to purchase a growing business with approximately $475,000 in gross sales and $80,000 in owner's benefits. The business has multiple income streams as the lucrative wholesale business comes with the transfer of assets. The 1,400 square foot Bagel Shop for Sale offered by We Sell Restaurants is located on the end cap of a busy strip center. Located just steps from a highly respected private school and adjacent to a very affluent community this bagel cafe attracts a loyal customer base. More than 43,000 vehicles pass by daily with the daytime population in the three-mile area is over 200,000 people. That's a lot of lunch and breakfast business at this bagel shop for sale. The three-mile radius population is in excess of 128,000 residents with an average income of more than $70,000. The Bagel Shop for Sale seats eighteen guests and is set up for the ease of customers who want to pick up and take-out there meal or bagels by the dozen. The monthly rent included the NNN is only $3,250 per month. That is less than 10% of gross sales, which by industry standards, makes this a great value. The fully equipped commercial kitchen has all the equipment necessary to produce the bagels in house. The equipment package includes bagel oven, mixers, proofers, dough divider and flat-top, fryer, walk-in cooler and freezer, ice machine, commercial refrigeration and much more. The front of house has a built display case for bagels, flat screen televisions, POS system and more. This is truly a turnkey operation. Buy this Bagel Shop for Sale today, be profitable tomorrow. Owner will prove profits during due diligence period. This Bagel Shop for Sale has four income streams. The first is the dining room that serves 18 guests for breakfast and lunch. The second is the pick-up and take-out business. Both bulk products and individual meals make this very profitable. The next is the catering business and last, but not least wholesale. Currently five accounts purchase product on a wholesale basis. All recipes will transfer with sale and the owner will train for two weeks post sale at no cost to insure a smooth take-over of ownership. The dedicated staff will remain to insure that the quality of product remains high.

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Property Features and Assets:

Large Mixer GB Macchine model FAF 80 120 Medium Mixer Hobart H600T Small Mixer Hobart H200 Revent 626 Revolving Oven 3 oven racks Oven boards Revent Pro double door proofer 9 Bakery racks Bagel boards 6 Rubbermaid FG360088WHT ProSave 20 5 Gallon Ingredient Storage Bin 14 Toppings containers 1 Wood table for dough 4 feet Oliver bread slicer model 711 Garland The Master Oven Dough divider and former 2 pastry fillers 3 Stainless Steel prep Tables 4 feet 1 Soup warmer 3 Table top Steam tables Flat top with two eye burners Two baskets Deep fryer Two sandwich prep coolers 3 doors and 2 doors Walk in Cooler Walk in freezer 6 5 feet CaptiveAire Hood Two Panini press Two bagel toasters Oliver bagel slicer NSF Commercial Microwave Ice Machine Espresso grinder Astoria Espresso Machine 9 Tables 18 Chairs Federal Lighted Pastry case Federal Grab and Go Cooler Flat screen TV Flat panel speaker 3 Menu flat screen Eight camera security system Laser printer copier scanner Trash station Warmer display Empanadas Wood bagel display rack Three sink compartment with sanitazing and soap dispenser Mop sink 13 NSF Shelving racks 3 Hand paper dispensers 3 hand soap dispensers Ridgid vacuum cleaner Pots and Pans Small utensils

Market Competition and Expansion:

Located in very busy shopping plaza. Miles away from a major highway.

Reason for Selling:

New Career

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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