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Business for Sale Summary

Popular Bagel Business - 27585

Business Type: convenience store,misc. retail/non-classifiable,other eating & drinking places,other food stores,bagel stores
Popular Bagel Business
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Financial Information (non-confidential)

General Information
Asking Price $90,000 Down Payment $90,000
Gross Revenues $346,000 Lease Remaining Register Free to View
Owner’s Cash Flow $57,000 Number of FT Employees Register Free to View

Financing

$90,000 Down and Cash

Business Description

Popular bagel business for sale in great Bergen County town. Currently grosses $6K to $7K weekly with a low rent of just $2,500 including taxes. 7 years remain on lease plus option. Seats 8 inside plus outdoor seating. Parking for up to 30 cars. 75 per cent of the business is breakfast and 25 per cent lunch. Three school programs in place. Major equipment includes: 4 ft easy to clean chrome grill, 4 burner stove, double basket fryer, Cutler rotating oven, 12 ft x 6 ft walk in box, Hobart mixer, kettle, 3 freezers and POS system. Excellent potential for growth. Adjacent unit is available for expansion. Untapped wholesale potential. Perfect as a family business. Make your inquiry now!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.