No Competition Bagel Store in Town!!
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $90,000 |
$296,000 |
$92,459 |
Furniture and Fixtures Value:
$50,000 (included in the asking price)
Inventory Value:
$4,500 (included in the asking price)
Business Summary:
Priced to Sell - Beautifully renovated bagel deli in a very large, busy strip mall. It’s the only bagel deli in Roselle. It's in close proximity to Home Depot. Mall is very busy until 9pm so a new owner could extend it hours to increase its profits. Furniture, Fixtures, & Equipment of $50,000 & Inventory of $4,500 are included in sale. Store has recently established some new chain store & federal accounts, & has begun delivering. A new owner can establish additional clientele in the neighboring towns of Roselle Park, Elizabeth, Union, & Linden by doing additional advertising & promotions. Other Expense: Office Supplies $1,000. Landlord would offer a long term lease with at least one (5) year option. Present owner sells pizza, which is stated in his present lease.
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| Year
Business was Established: 2 |
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| Number of Employees:
2ft 2pt |
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| Facilities / Terms of Lease:
1,900 square feet. All Furniture, Fixtures, and Equipment are included in the sale. All are in excellent condition as the store was remodeled 2 years ago. There’s plenty of free strip mall parking available. |
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| Potential
Growth/Expansion:
The owner has recently established some new chain store and government accounts, which they deliver to. A new owner can increase this business along with establishing some new accounts. That can be best achieved by doing some additional advertising, and also doing promotions. |
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| Competition:
It’s the “only” bagel store in its entire town. The nearest bagel store is several miles away. |
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| Owner
willing to finance:
Owner is willing to offer financing to credit-worthy buyers. All terms are negotiable. |
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| Owner
willing to train:
Up to two weeks of training. |
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| Reason for selling:
Owner has other business interests and cannot devote enough time to the business. |
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| REQUEST MORE INFO |
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