N.Y. Style Bagel Shop In N. Dallas

Business Overview:

New York-style, handcrafted bagel shop with high margins located in an ideal location for its concept in Dallas is now available for acquisition. The business was established in 2021 by the current owner and has quickly grown from word-of-mouth. The production system and technique combined with making the dough for the bagels from scratch produces these superb NY-Style bagels, which have a crisp outer layer and fluffy, pillowy interior due to the air pockets from the production process. These bagels are also infused, topped, or mixed with other ingredients such as asiago, rosemary, cinnamon, etc., which enhances the flavor and aroma while giving the customer a variety of 21 different bagels. The business also offers the option to order the bagel with spreads such as cream cheese, guacamole, hummus, etc., or create a sandwich using the bagels. This business is located in a 1,210 Square Feet of Retail Shopping Complex anchored by national retailers and grocers that bring a diverse, high volume of foot traffic. Many offices and a college nearby surround the Shopping Complex. All Equipment is in excellent working condition as the business is less than three years old. Competition is minimal to none in this area as there are few New York-style bagel shops in the entire DFW metroplex.

Moreover, this business is highly competitive in terms of its originality as a NY style of handcrafted bagel. Although there are few corporate competitors with the typical style of bagels, they are not in the same market area this business is in. Most of the customers are middle to upper-class individuals and families, and a healthy mix of all ethnic groups that are from the surrounding densely populated residential neighborhoods as well as those coming from adjacent cities for the original taste of New York Bagel. This business offers 21 varieties of signature handcrafted bagels, sandwiches made with bagels, gourmet muffins, etc. This business is one of the few establishments that has received the growth it has with minimal marketing. During its first week after the grand opening, the revenues were $9k a week and have grown to $15,000 - $16,00 weekly, mainly from word-of-mouth and minimal Facebook advertising. Although the business would likely continue to experience an increase in growth due to the specialty of their products from word-of-mouth, a marketing plan to acquire new customers from the untapped market of bagel consumers in the DFW metroplex could yield exponential results as many consumers in the market are unaware of these products. Marketing efforts on catering services to corporate customers such as schools, companies, public agencies, etc., can also significantly improve sales as the current owner has not tapped the catering business. This business has done very well with its groundwork, poised for next-level growth. This business is an excellent opportunity for a buyer wanting to acquire a unique business with high-quality products and great margins that still have lots of room for growth.

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Property Features and Assets:

This business is located in a 1,210 Square Feet of Retail Shopping Complex anchored by national retailers and grocers that bring a diverse, high volume of foot traffic. Many offices and a college nearby surround the Shopping Complex. All Equipment is in excellent working condition as the business is less than three years old. / Inventory: $3,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: There are no direct competitors within 3 miles of the business. The business is also able to set itself apart from any of the competitors as its products are unique and of quality. Growth and Expansion: Wholesale and outside catering remain untapped.

Reason for Selling:

Retirement

Additional Details:

Documents:

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