HS Listing ID-71125

Asking Price: $900,000

Annual Figures: $726,000

Net Profit: $300,000

Rent: $46,560 ($3,880 a month, Below-Market For The Area)

Business Highlights:

Established, Highly-Rated Brand — Strong 4.3-star rating across ~290 Google reviews, with customers consistently praising food quality, friendly staff, and the recently refreshed space

Prime, High-Visibility Location — Situated on a dense, high-traffic commercial corridor in Passaic, NJ with strong daily foot and vehicle traffic

Recently Renovated Storefront — Spacious, modernized interior with ample seating — a frequent highlight in recent customer feedback

Extended Operating Hours, 7 Days a Week — Open early morning through mid-afternoon every day, capturing the full breakfast and lunch rush including weekends

Strong Financial Performance — Weekly sales of $12K–$15K, monthly revenue of ~$60K, and monthly profit of ~$25K–$26K, plus an additional $1K–$2K/week from Uber Eats, DoorDash, and Grubhub

Exceptional Lease Terms — ~11 years remaining on the original 15-year lease with renewal options; rent of $3,800/month is well below market for the area and property size

Diverse, Crowd-Pleasing Menu — Bagels and cream cheese, breakfast sandwiches, specialty items, deli sandwiches, smoothies, and kid-friendly options — broadening the customer base and average ticket size

Turnkey Operation with Tenured Team — Fully staffed with experienced employees including two grillmen (10 years and ~1.5 years tenure), a versatile register/grill employee (~3 years), and two delivery drivers; all non-family staff predate current ownership and are expected to remain post-sale

Streamlined Operations — Bagels sourced from a supplier (no in-house production required), simplifying daily workflow and reducing labor complexity

Modern Systems — POS system in place providing reliable daily sales tracking

Limited Direct Competition — Nearest comparable bagel shop is over a mile away, closed Saturdays, and operates shorter hours — leaving a clear edge on weekend and full-day coverage

Smooth Transition Support — Seller willing to stay on and train the new buyer for as long as needed to ensure continuity

Motivated Seller — Both partners aligned on selling due to partnership dynamics, not business performance

Ideal Owner-Operator Opportunity — Established cash flow, loyal repeat customer base, proven team, and a turnkey setup ready for a hands-on owner

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION