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Modern Bagel Deli
Location: United States -> New Jersey -> Middlesex County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Wonderful business opportunity to own this modern six-year young Bagel & Deli business in an active area with high volume traffic and lots of private parking. The sale is due to the owner's relocation and the price has been set most aggressively with owner financing available. This 1,200 square foot Bagel & Deli business is in an active area of Middlesex County, NJ. This profitable seven-day business operation produces a consistent gross weekly income of $6,300 and a dependable net income to the owner operator. This Bagel shop has fresh quality products with a fully equipped commercial high production kitchen. Based on the asking price, required down payment and net income this business is expected to continue to supply a solid return on investment to the owner operator prior to debt service. This is an excellent safe business opportunity. For Qualifications purposes, this industry does not require government licensing approval to purchase or operate other than the standard municipal licenses.

This company has three full and part time employees who are unaware of the pending sale, fully expected to remain post-closing, and the monthly payroll expense is approximately $5,333. The business has an assignable commercial lease which expires 2020-01-01, plus additional options, with a monthly rent of $1,400, cost per square foot is estimated at $14.00 and rent security of approximately $2,600. The business is in a free stranding commercial facility, on an active county road, consists of approximately 1,200 square feet and has an estimated capacity for twelve customers. This bagel deli business fixed assets has an estimated value of approximately $48,000 which is based on equipment and licensing replacement cost. This transaction consists of a fully equipped bagel shop which includes a commercial kitchen, refrigeration & freezer units, web site, social media components, POS system, displays, shelving, tables, web site, computers, etc.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $335,000
Cash Flow:   $75,000
Cash Flow Type:  EBITDA
Inventory:  $48,000
Seller Financing:  Yes

About The Business

Year Established:  2012
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  If required the seller-owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner/operator.
Reason For Selling:  The sale is due to the owners relocation out of the state of New Jersey.

Photos

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Modern Bagel Deli Photo 1




Print Listing Id: 700313163
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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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