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Business for Sale Summary

Bakery & Bagel Store for Sale in New Jersey - 36336

Business Type: bakers & confectioners,misc. retail/non-classifiable,other eating & drinking places,other food stores,bagel stores
Bakery & Bagel Store for Sale in New Jersey
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This business has received 39 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $100,000 Down Payment $100,000
Gross Revenues $334,000 Lease Remaining Register Free to View
Owner’s Cash Flow $100,000 Number of FT Employees Register Free to View

Financing

$100,000 Down and

Business Description

Opportunity to Own a Thriving Bagel Store! This busy bagel store is a breeze to run, with bagels purchased wholesale and sold at a high markup. Located in an excellent area with a strong base of regular customers and new faces, the store also offers baked goods and sandwiches. Current menu pricing is much too low, providing an opportunity for a new owner to raise prices, extend operating hours, and expand the menu. The current owner earns $100,000 year after all expenses and reports that an experienced operator could realize a yearly profit of $200,000 plus. The current owner currently works 40 hours per week and has part time helpers. Inventory includes a 60 qt mixer, 2 convection ovens, a 30" griddle, exhaust system, walk-in refrigerator, freezer, and much more. Rare under market bagel store opportunity! Low $1950 rent with 7 years left! Try a delicious bagel and contact the listing broker, Brian Bernstein, at 929-969-0007.

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