Franchise Bagel Shop

Not Disclosed, NJ
Passaic County


Asking Price: Annual Revenue:
$425,000 $835,880

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Franchise Bagel Shop Broker: Ron Cervelli
Owner Financing is Available!
Available with an appropriate down payment.

Quick Facts

Asking Price: $425,000
Annual Revenue: $835,880
Net Profit: Not Disclosed
Cash Flow: $163,608
Total Debt: Not Disclosed
FF&E: $330,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 8
BBN Listing #: 8103909
Broker Reference #: BGL253

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Business Overview:

Profitable franchise business in an active commercial area in North Eastern New Jersey, Passaic county. The business produces a gross yearly income of $835,880 and a verifiable net yearly income of $163,608. The business is newer and expects a further increase in the gross sales. The business has a fully equipped high capacity commercial kitchen. This national successful bagel franchise is known for its excellent products, quality and exceptional service. The franchise supplies and delivers the raw bagels products to the business location for the final baking. This system reduces the time and labor cost to the franchise business operator, which results in a higher net profit. This business has approximately eight full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, additional the monthly payroll is approximately $13,900. The sale includes an eighteen-year commercial lease agreement which expires 12/31/2026, plus additional options, with a gross monthly rent of $10,500, approximately $49.22 per square foot and rent security of $16,500. The sale requires franchise approval and two weeks of personal training.

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Property Features and Assets:

This profitable business is in an upscale and highly populated urban area of Northern New Jersey with numerous malls and various companies. This bagel business is on a highly active commercial avenue with a huge number of daily shoppers and workers. The facility is ultra-modern with a state-of-the-art image, 2,560 square feet with a clean attractive appearance. The facility has a full stage kitchen for fast food service and a large rear commercial kitchen and preparation area. The facility has an attractive image and duel entrances.

Market Competition and Expansion:

To the best of our knowledge, no other new competitive bagel food restaurants are in this area and seller will supply an appropriate non-compete agreement to purchase. The business opportunity is newer and requires additional time to develop. Additionally, a new operator can further increase sales by improving the existing marketing plan and the required local advertising. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.

Reason for Selling:

The owner is semi absentee with an alternative 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 a franchise resale opportunity.

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