Hot Listing
Beloved Dallas Bagel Shop Concept For Sale
Business Description
The flagship location of a beloved Dallas bagel concept (not Shug's) is for sale or otherwise seeking a financial partnership. It is a very well known brand in the area, with many awards and news articles written about it. The concept has succeeded in multiple geographies and settings, and the acquisition of this store provides runway to grow the brand throughout DFW and potentially realize franchise opportunities down the line.
The flagship location has undergone a number of changes in the previous months to streamline and simplify operations to handle incremental volume and reduce reliance on previously critical employees.
At this point, the brand needs someone to continue the work of growing regional awareness and getting more customers through the door. The store will benefit from operating leverage given it's high margin profile and fixed cost structure. At this point, incremental sales dollars pass through margin directly to the bottom line, creating an opportunity for someone with strong marketing skills to dramatically increase store level cash flows and contemplate new expansion locations.
The store currently has 2 full-time managers, wages of whose have been added back to achieve the store's cash flow number of $280,000. A single owner-operator could manage the store if desired and earn the full $280,000 or operate with an assistant manager at a lower wage.
The concept partnership is seeking an outright sale but potentially open to a financial partner who has the vision to realize the brand's potential. Transaction value is no less than $750,000.
Please contact me with the contact form to learn more about this opportunity.
The flagship location has undergone a number of changes in the previous months to streamline and simplify operations to handle incremental volume and reduce reliance on previously critical employees.
At this point, the brand needs someone to continue the work of growing regional awareness and getting more customers through the door. The store will benefit from operating leverage given it's high margin profile and fixed cost structure. At this point, incremental sales dollars pass through margin directly to the bottom line, creating an opportunity for someone with strong marketing skills to dramatically increase store level cash flows and contemplate new expansion locations.
The store currently has 2 full-time managers, wages of whose have been added back to achieve the store's cash flow number of $280,000. A single owner-operator could manage the store if desired and earn the full $280,000 or operate with an assistant manager at a lower wage.
The concept partnership is seeking an outright sale but potentially open to a financial partner who has the vision to realize the brand's potential. Transaction value is no less than $750,000.
Please contact me with the contact form to learn more about this opportunity.
About the Business
- Years in Operation
- 4
- Number of Employees
- 18
- Facilities & Assets
- Assets typical of a bakery (ovens, mixers, other equipment needed to get customers their orders).
- Market Outlook / Competition
- Bagel shop are popping up in Dallas, but this shop is well recognized as a competitor against Shug's. There is not direct competition in it's immediate neighborhood and it's location next to offices provides consistent weekday volume.
- Opportunities for Growth
- Growth can be achieved by simply building brand awareness. While it's a well known store in its neighborhood, the brand lacks awareness and simply growing the social media presence or improving catering volumes could build the brand awareness to quickly bring more people in the doors. The biggest area for growth is weekdays but the store has also been optimized to handle greater weekend volume.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,200
- Rent
- $11,500.00 per month
- Lease Expiration
- 1/1/2030
About the Sale
- Seller Motivation
- Lack the time to grow the business as intended given full-time W-2 employment ob
- Transition Support
- Whatever is needed to create a smooth transition. The shop can largely run itself and isn't particularly complicated. We have trained managers in 4 weeks previously.
- Financing Options
- No seller financing, but can roll equity if needed to get SBA approval
Listing Info
- ID
- 2321220
- Listing Views
- 1897
Listing ID: 2321220 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.