Bagel Business - Profitable and Established
Northern Ocean County/Southern Monmouth County, New Jersey (Ocean County)
Food and Beverage - Other Food and Beverage  |  Food and Beverage - Catering Services
Seller Financing Available
Asking Price:   $136,000Inventory:   
Gross Revenue:   $190,000Real Estate:   n/a
Cash Flow:   $136,000 (comments below)FF&E:   $75,000 ++
++ included in the asking price         ** not included in the asking price
Cash Flow Comments: Owner's "true" income
No other Bagel Stores are in the immediate area. Currently this absentee owner is not running the business to its full potential. Only a small amount of advertising and currently this absentee owner is not looking to expand or pursue commercial accounts including delivery of its products. The business is currently operated absentee, and an owner/operator can do much to improve the bottom line. Having an owner/operator on the premises, extended hours, and advertising should greatly improve financial results.
About the Business
Year Established:2005
Employees:1 full time - 2 part time
Facilities:1200 leased square feet at a great rate with excellent terms. Seating for 20+. Strip mall location along a main commuter route with great traffic flow. All newer equipment maintained to the highest degree.
Market Outlook and Competition:No other Bagel Stores are in the immediate area. Currently this absentee owner is not running the business to its full potential. Only a small amount of advertising and currently this absentee owner is not looking to expand or pursue commercial accounts including delivery of its products. The business is currently operated absentee, and an owner/operator can do much to improve the bottom line. Having an owner/operator on the premises, extended hours, and advertising should greatly improve financial results.
About the Sale
Management Training and Support:Owner will provide full training for 2 weeks
Reason For Selling:Absentee owned and would like to concentrate on other efforts.
Seller Financing:Owner MAY consider financing to qualified buyer

KEYWORDS: bagel, deli, breakfast, lunch, food,


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Business Listed By
James Hirsch  |  JP Shannon & Associates
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