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- RE: Bagel, Bakery And Deli
- Contact: Peter Gregory
Quick Facts
Asking Price: | $99,000 | |
Annual Revenue: | $504,825 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $40,639 | |
Total Debt: | Not Disclosed | |
FF&E: | $64,400 | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 5 | |
BBN Listing #: | 980829 | |
Broker Reference #: | 263-22043 |
Business Overview:
Bagel-Bakery-Deli Shop with strong community connections reopening after complete renovation and equipment refrub. Cash-only, financials will show this to be high-value pricing for popular 6a.m to 3p.m. with projected sales of $500,000. Owner has opportunity for six-figure income – multiple growth opportunities can be discussed with the current absentee owner.. High-profile name brand in local business and resident community.
Property (available under a separate contract with the seller) includes three additional rental units on upper floor of building (1,800 square feet) to augment restaurant sales. Great location, relaxed lake community with many "2nd homers." Significant hospitality anchor company moving into the area from which to garner business. Business has been successful on limited day/hours - room to expand business many ways including extending hours and days open. For addition information, please contact Peter Gregory using reply to this ad button.
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Property Features and Assets:
This is a leased location of 1.800 square feet with a Total monthly rent of $3,200. Seller is not active with 3 Full Time and 1 Part Time employees. Hours of operation are 6am – 3pm, Thursday - Monday. $10,000 in inventory and $64,400 in FF&E included in the asking price. Dept. of Health license required.
Reason for Selling:
Have built this business to a comfortable level, consolidating effort/resources in other businessAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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