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Asking Price: $145,000

Franchise Bagel Store w/ No Royalties

Lakehurst, NJ
Ocean County

This bagel store is part of a 22 store well recognized NJ brand. The franchise agreement requires only that the Franchisee purchase the bagels from them. It's the best of both worlds! There are no royalty payments and the bagels are supplied by the franchisor which means no overnight work needed to make them. This store has been in the same location for 15 years and is well known in the town. The store does 350k/yr. Store is open every day 7am-2pm. Rent is very cheap at $2700/month. In the past few months, the owner refreshed the store, including installing new floors, signage throughout the store, new tables, and new chairs. Store is located in a booming shopping center on a busy highway. After owning the store for a year, the seller purchased a larger store and does not have time to operate both of them. Because of that, he wants to sell quickly so he can turn his focus to his other store. Seller only spends 8 hours/wk in this store so there’s tremendous upside potential for a buyer to work full time and increase sales significantly. Another opportunity for expansion is to use delivery services such as UberEats and GrubHub, which the current owner does not utilize. This is a real seller who will transact quickly and efficiently. If you don't have any experience in bagels, food, or retail, and are looking for 3 years of audited financials to get bank financing, this one may not be a fit. If you are a savvy cash buyer that understands that this is a bagel store and can get a feel for the business operation the old school way, buy this tomorrow.

Cash Flow Not Disclosed
Revenue $350,000

Asking Price: $4,700,000

Master Licensor Bagel Operation! 20 Stores!

Not Disclosed, NJ
Ocean County

Master Licensor Bagel Operation! 20 Stores! $80 Mill Bagels Sold!This master licensor bagel operation began 9 years ago and has grown to 20 stores in the Central Jersey market. Under this unique structure, the licensor exclusively provides all bagels to stores under their brand with no royalties on sales. This allows the licensees/store operators to work fewer hours (and no overnight shifts) being that they don't have to make the dough from scratch. The licensor provides the dough frozen, so it only needs to be baked at the stores. It's a no brainer for someone who wants to open up a bagel store to open up under their brand because it's well known, there are no royalties, you get the support and guidance from the licensor, and most importantly the owner can work less hours and doesn't have to think about making the bagels. Without the headache of making the dough from scratch, it makes it much easier for an owner to open up several stores (without having that challenge which would normally make an owner more hesitant about expanding to more locations). The license agreement ensures guaranteed recurring weekly revenue from all of the 20 stores operating under the brand. The licensees pay for their orders weekly so that there are no accounts receivable. The opportunity here is to buy the licensor’s business with the built-in recurring revenue and the potential to sign hundreds of more licensees throughout the country. The 20 licensees that are in the system are in Central Jersey and were only acquired through word of mouth. With some marketing and exposure, the new owner can expand the concept rapidly. Sale includes the trademark of the brand.

Cash Flow $400,000
Revenue $1,000,000

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