Successful Bagel Shop in Raleigh, NC - Six Figure Earnings!

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Asking Price:
$295,000

Gross Revenue:
$662,951
Cash Flow:
$138,960
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

Seize the Rare Opportunity to Own a Thriving Bagel Shop for Sale in Picturesque Raleigh, NC - Established for 13 Years, this Success is Generating over $660,000 in Sales and an owner/operator will take home $138,000 a year!
Because this bagel shop for sale is delivering on very strong six figure cash flow, it is already approved for SBA lending! We Sell Restaurants can have you approved with 20% down in less than three business days! It is also E-2 Visa qualified for those seeking an easy to run operation with no alcohol, limited hours, and strong results. Ideal for family focused buyer who is seeking a strong return. This Bagel Shop for Sale closes at 4 PM!!
This busy bagel shop for sale is set in a very active outdoor shopping center, anchored by several large retailers and family-friendly attractions. Within a 3-mile radius, there is a movie theater, several car dealerships, apartment complexes, office parks, schools, and several hotels. This bagel shop for sale is located right off one of the busiest highways in the area, you can benefit from hungry daily commuters as well as pedestrians from the shopping center.
The store features a wonderfully executed 1700 square foot space, which has been perfectly utilized for maximum efficiency. The lease is month to month and a new one is required for this bagel shop for sale. This simple to operate store is perfect for anyone! Retirees, Restaurant First Timers, Veterans, Single Moms or Dads, and more!!!
One of the major advantages of this bagel shop for sale is that it is also a franchise! You get to go into business for yourself without having to feel like you are by yourself. The franchise provides six weeks of initial training and ongoing coaching which is covered under the low $17,500 transfer fee. For use of their recognizable and beloved trademark, award-winning recipes and methods that have made them a success there is a 5% of sales royalty fee. To cover the cost of materials that are used in nationwide and brand promotion, there is also a modest 1.75% marketing fee.
Starting from scratch comes with headaches, money and time spent on a build out and permits and you are in the red before you were even open! With this bagel shop for sale, you are earning strong six figures on day one! Call We Sell Restaurants today before this opportunity is gone!

About the Business

Location:
Raleigh, North Carolina
Year Established:
13
Number of Employees:
10
Franchise:
Yes
Real Estate:
Owned
Building Sq. Ft.:
1,700
Facilities:
Bakery layout to include dining room furniture and all equipment locations Picard revolving oven MT 8 6 Gas Kettle Kettle Exhaust Captive Air Misc Bagel Tables and Layout Table Hoshizaki Ice Machine Walk in Safe Feco Bagel Rack 3 Undercounter Refrigerators Chia and Hot Chocolate Beverage Dispensers 2 Drop in Cold food units Display Case Cater Hoffman Holding Bin Cater Hoffman Holding Bin Model 2 Roundup Egg Equipment Merrychef Assorted Stainless Steel Tables
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Anchored by large shopping center nearby schools hotels apartment complexes and car dealerships
Growth & Expansion:
Plenty of room in Raleigh to open more locations in the expansive town
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About the Sale

Reason For Selling:
Relocation
Training/Support:
6 Weels
Seller Financing:
Month to Month

Listing Info

ID:
1632947
Ad Detail Views:
0

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Business Listed by

Robin Gagnon

We Sell Restaurants
License# GA SL327379

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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