Only Homemade Water Bagel/Deli in City
Essex County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$225,000 |
$497,240 |
$59,970 |
Inventory Value:
$10,000 (included in the asking price)
Business Summary:
Only homemade water bagel/deli/cafe in city. Located in a strip mall on major highway. Long lease. Shows well. Turn key business. Needs owner/operator with experience in the bagel business. In order to increase the wholesale. New owner should replace menu signs to a larger more readable. Since seller took over space has added 2 split 3 ton A/C + 2x8 tons A/C. Lots of equipment. 13 camera surveillance with monitor. Breakdown of sales: retail 87.5% and wholesale 12.5%. For further information please contact Jim Hamdan at 908-851-9040 Ext. 210.
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Number of Employees:
5 |
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Facilities / Terms of Lease:
Lease 10 years + 5 year option. 1,575 sq. ft., like new. Great condition. |
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Potential
Growth/Expansion:
Delivery |
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Competition:
None in bagel, several in deli/restaurant |
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Owner
willing to finance:
Balance $150,000 payable in 3 years |
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Owner
willing to train:
2 weeks |
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Reason for selling:
Has other business interest |
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REQUEST MORE INFO |
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