Profitable Bagel Shop for Sale in Raleigh NC

Raleigh, NC
Wake County

Asking Price: Annual Revenue:
$295,000 $673,335

Food & Beverage: Production - Bakery, Farms, Winery

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RE: Profitable Bagel Shop for Sale in Raleigh NC Broker: Robin Gagnon

Quick Facts

Asking Price: $295,000
Annual Revenue: $673,335
Net Profit: Not Disclosed
Cash Flow: $141,200
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 14
BBN Listing #: 7098096
Broker Reference #: 8048

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Business Overview:

Unmatched Opportunity to Acquire a thriving Bagel Shop for Sale in booming Raleigh North Carolina Market. Established over a decade, this Franchise location is high profit and high traffic. The store generated sales over $670,000 and earnings of more than $140,000 projected to be on the books in 2021! Ideal for those seeking an easy to run operation with no alcohol, limited hours, and strong results. Perfect for family focused buyer who doesn't want the stress of late nights. This Bagel Shop for Sale closes at 4 PM!! Franchise opportunity is ideal with no need to build from the ground up with many successful years in business. This Restaurant has a growing breakfast and lunch business and an untapped catering market! There is a lot of growth potential with the influx of new residents to the area. Lending should not be an issue with a strong credit score and industry experience. We Sell Restaurants can connect you with lenders to have you approved in days not weeks! The 1820 sq ft location at this Bagel Shop for Sale, is perfectly sized with 43 seats for inside dining. Great lease terms with all in rent at $5,387, including CAMS, taxes and insurance. The lease is valid through 2029 and has two 5-year options to renew. This fully equipped bagel shop for sale has everything you need! The Bakery layout includes all the dinning room furniture plus equipment like: Picard revolving oven, MT 8 6 Gas Kettle Kettle, Exhaust Captive Air, Misc Bagel Tables and Layout Table, Hoshizaki Ice Machine, Walk in Refrigerator and freezer, Feco Bagel Rack, 3 Under counter Refrigerators, Chia and Hot Chocolate Beverage Dispensers, 2 Drop in Cold food units, Display Case, Cater Hoffman Holding Bins, Roundup Egg Equipment, Merrychef Stainless Steel Tables and much much more! A total of 14 employees are eager to stay on after the sale and keep the operations running smoothly. Operating hours are M-F 6:30-4, Sat/Sun 7-4. Established in 2013 the loyal customer base is already built in for the new owner. No late nights! One of the major advantages of this bagel shop for sale is that it is also a franchise! You get to go into business for yourself without having to feel like you are by yourself. The franchise provides initial training and ongoing coaching which is covered under the low $17,500 transfer fee. For use of their recognizable and beloved trademark, award-winning recipes and methods that have made them a success there is a 5% of sales royalty fee. To cover the cost of materials that are used in nationwide and brand promotion, there is also a modest 1.75% marketing fee. Don't miss out on your opportunity to own your own Bagel Shop for Sale. This profitable business is such a great deal it's sure to sell quickly! Call the Restaurant Brokers today to get your offer in!

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Property Features and Assets:

Bakery layout to include dining room furniture and all equipment locations Picard revolving oven MT 8 6 Gas Kettle Kettle Exhaust Captive Air Misc Bagel Tables and Layout Table Hoshizaki Ice Machine Walk in Safe Feco Bagel Rack 3 Undercounter Refrigerators Chia and Hot Chocolate Beverage Dispensers 2 Drop in Cold food units Display Case Cater Hoffman Holding Bin Cater Hoffman Holding Bin Model 2 Roundup Egg Equipment Merrychef Assorted Stainless Steel Tables

Market Competition and Expansion:

Increase in sales during a pandemic, untapped large catering market within 10 mile (businesses/car dealerships, medical), booming growing area

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 a franchise resale opportunity.

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