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Franchise Bagel Deli
Location: United States -> New Jersey -> Bergen County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Profitable Manhattan Bagel Franchise Business in an active commercial area in North Eastern, New Jersey. The business produces a gross income of $683,000 and a verifiable net yearly income of $117,000. This franchise location is known for its excellent products, quality and exceptional service. The franchise supplies and delivers the food products to the business location, reducing the time and labor cost to the business operator, which results in a higher net cash flow. The 2,400-square foot facility is conveniently located on a highly active populated commercial avenue with many other successful retail businesses.

This location offers a full menu, seating for 45 customers, and quick service for take-out orders. The state of the art equipment is five years old, and in excellent working condition. The sale requires franchise approval and two weeks of personal training. Based on the asking price, required down payment and yearly net income, this business expect to supply a 27% investment return to the owner operator prior to debt service. This is an excellent investment, please call for further details. The transaction requires Franchise approval. The business has a gross yearly income of $683,000 and a net income of $117,000 based on an onsite owner operator and prior to debt service. The price has been set at $425,000 also some owner financing may be available to qualified buyers.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $683,015
Cash Flow:   $117,340
Cash Flow Type:  EBITDA
Inventory:  $190,000
Seller Financing:  Yes

About The Business

Year Established:  2014
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner and franchise will supply a transitional period & remain post closing 30 days.
Reason For Selling:  The owner is presently an absentee owner with an alternative food businesses.




Print Listing Id: 700278703
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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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