Very Profitable & Best Bagel in Town!
Passaic County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$115,000 |
$283,213 |
$114,379 |
Furniture and Fixtures Value:
$55,000 (included in the asking price)
Inventory Value:
$2,750 (included in the asking price)
Business Summary:
PRICED TO SELL! Newly-renovated bagel/deli off a major thoroughfare in a nice, safe town. Bakes fresh bagels daily. Seller has his own back parking lot w/a door on both sides. He’s highly motivated due to health issues. New interior walls, a new floor & a new ceiling. Brand new motors installed for the grill, vent & oven. All Furniture, Fixtures, & Equipment valued @ $55,000 in excellent condition included in sale. Close to a full size basement for storage. Has multiple corp. accounts & provides free delivery service for large existing customer base. Present specialty menu items draws many new customers. Recently added UberEats which has boosted sales. Owner will finance up to $20,000 over 18 months. Contact Seth Kain @ 201-317-4710 for additional details & showing.
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Year
Business was Established: 8 |
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Number of Employees:
1 Full-time and 2 Part-ti |
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Facilities / Terms of Lease:
There’s approximately 1,000 square feet on the main level & approximately 850 feet of space in the basement. The main level was completely renovated (6) months ago which was mentioned above. Present owner has roughly (4) years left on a (5) year lease with (5) option years. A new qualified tenant can either get a lease assignment or should be able to get a long or lease term if desired. |
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Potential
Growth/Expansion:
A new owner should add Uber Eats and Grubhub. It’d also be a plus to expand its catering business by trying to increase its corporate client base. Some voucher advertising to area residents should boost gross sales as well. |
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Competition:
There’s only one bagel/deli or bagel store within roughly 3 miles besides this one Dunkin Donuts. The Store presently has a 4.8 out of 5 star rating on Google. The reviews focus on their high quality food and very friendly service. |
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Owner
willing to train:
Owner will provide (2) weeks of training at no cost to the Buyer(s). |
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Reason for selling:
Owner has a health issue and is having a great difficulty operating his business. |
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REQUEST MORE INFO |
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