$1.2 Million Revenue Absentee Bagel Store
Business Description
Weekly Sales
Slow season: $21,000–$22,000/week
Busy season: $24,000–$25,000/week
Annual Gross Revenue: Approx. $1.2M
Net Income: Approx. $180,000
Operations
Manager in place earning $1,200/week - Manager will remain with the business
Owner Involvement: Absentee; owner does not work on-site
Staffing:
8–9 employees including manager
Weekly payroll: $5,000–$5,500
Hours: 5:30 AM – 3:00 PM
POS System: Toast
Bagels baked in house
Online ordering and delivery via all major apps
Has consistent catering clients
Location & Lease
Size: 2,500 sq ft
Total seating: 60-65
Rent: $14,000/month
Lease Term: 9.5 years remaining
Asking Price: $650,000
Seller finance available with 85% down for experienced buyer
About the Business
- Employees
- 8-9 Employees including 1 manager
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,500
- Rent
- $14,000.00 per month
Listing Info
- ID
- 2468747
- Listing Views
Listing ID: 2468747 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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