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Bagel Store For Sale
Location: United States -> New Jersey -> Paramus
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

North Jersey Bagel Store And Deli For Sale

Northern New Jersey, New Jersey
Asking Price: $550,000 or Best
Offer Furniture / Fixtures and Inventory / Stock included
Sales Revenue: $650,000
Cash Flow: $240,000
A Charming Family owned Gourmet Bagel Store and Deli which has served the community for 21 years with a loyal and dedicated customer base. Owner operated for over 21 years and is ready to retire. Brand new 3 year lease with a 5 year option. Newly Renovated Strip Mall and located across from Major High ways and Train Station. Asking for 3 x Net and have very well documented Books details Revenue as well as a 2016 P/L Statement. Asking $600,000. Only Serious and qualified buyers please.

Property information

Real Estate:
Lease

Lease Terms:
3 Years with a 5 Year option. With No direct competition Clause

Leasehold Rent:
2500 a Month per annum

Location:
Northern NJ

Premises Details:
A Newly Renovated Strip Mall located next to Major Highways and a Train Station

Size in square feet:
1,300
Business Operation

Competition / Market:
A No Competition Clause is the lease

Reasons for selling:
Retirement after 21 years of Business

Trading hours:
3am-2pm 7 Days a week

Employees:
8
Years established:
1995
Other Information

Support & training:
3 Month

Furniture / Fixtures value:
$60,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $650,000
Cash Flow:   $240,000
Cash Flow Type:  EBITDA
Inventory:  $70,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1995
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  3 months
Reason For Selling:  15 years of service and ready for retirement




Print Listing Id: 700268442
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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