Profitable Absentee-Run Bagel Shop - Great Location
Business Description
ESTABLISHED BAGEL SHOP - TURNKEY ABSENTEE OPERATION
This profitable bagel shop represents an exceptional opportunity for investors seeking a fully operational, absentee-managed food service business in Baldwin, Brown County. The establishment generates consistent annual net profits between $40,000-$50,000 while operating under complete absentee ownership.
FINANCIAL PERFORMANCE
The business demonstrates strong financial fundamentals with verified revenue streams tracked through the Toast POS system, ensuring complete transparency and accuracy in all financial reporting. Annual net profit margins reflect the operational efficiency and market positioning of this established food service operation.
OPERATIONAL STRUCTURE
The business operates with a fully trained staff of four employees under proven management systems that require no owner involvement. Monthly lease obligations total $6,100 with three years remaining on the current term and a five-year renewal option available, providing operational stability and future growth potential.
FACILITY AND LOCATION
The premises underwent comprehensive conversion from a former pizza establishment to a purpose-built bagel shop, featuring complete build-out and equipment installation optimized for bagel production and retail operations.
GROWTH OPPORTUNITIES
Significant expansion potential exists through implementation of third-party delivery platforms including Uber Eats and Grubhub, development of catering services, and enhanced local marketing initiatives. These untapped revenue streams present immediate opportunities for increased profitability.
OWNERSHIP TRANSITION
The current owner operates a separate full-time automotive business and seeks to divest this asset to focus on primary business operations. This motivated seller situation presents favorable acquisition terms for qualified buyers.
Asking price: $200,000. Seller demonstrates flexibility regarding reasonable offers from serious investors.
This profitable bagel shop represents an exceptional opportunity for investors seeking a fully operational, absentee-managed food service business in Baldwin, Brown County. The establishment generates consistent annual net profits between $40,000-$50,000 while operating under complete absentee ownership.
FINANCIAL PERFORMANCE
The business demonstrates strong financial fundamentals with verified revenue streams tracked through the Toast POS system, ensuring complete transparency and accuracy in all financial reporting. Annual net profit margins reflect the operational efficiency and market positioning of this established food service operation.
OPERATIONAL STRUCTURE
The business operates with a fully trained staff of four employees under proven management systems that require no owner involvement. Monthly lease obligations total $6,100 with three years remaining on the current term and a five-year renewal option available, providing operational stability and future growth potential.
FACILITY AND LOCATION
The premises underwent comprehensive conversion from a former pizza establishment to a purpose-built bagel shop, featuring complete build-out and equipment installation optimized for bagel production and retail operations.
GROWTH OPPORTUNITIES
Significant expansion potential exists through implementation of third-party delivery platforms including Uber Eats and Grubhub, development of catering services, and enhanced local marketing initiatives. These untapped revenue streams present immediate opportunities for increased profitability.
OWNERSHIP TRANSITION
The current owner operates a separate full-time automotive business and seeks to divest this asset to focus on primary business operations. This motivated seller situation presents favorable acquisition terms for qualified buyers.
Asking price: $200,000. Seller demonstrates flexibility regarding reasonable offers from serious investors.
Listing Info
- ID
- 2458153
- Listing Views
- 13
Listing ID: 2458153 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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