Listing ID: 37407
Business Overview
This outstanding opportunity allows you to enter the thriving bagel shop industry with minimal initial investment, bypassing startup costs and market uncertainties. Take advantage of acquiring a fully operational business from day one.
The current owner successfully runs this location with limited involvement, relying on a dedicated team of 5 employees and an established manager. This presents a unique advantage for an owner-operator to optimize operations, trim inefficiencies, and unlock exponential growth potential.
Situated in the heart of Suffolk County, this bagel shop enjoys a devoted community following, cementing its status as a neighborhood staple. With a multitude of five-star reviews, the business has garnered exceptional customer loyalty. Moreover, its strategic location is surrounded by a diverse range of small and major businesses, bustling residential neighborhoods, parks, and easily accessible highways.
Boasting a spacious 1,600 SQ FT layout, this location offers ample room for efficient operations. Recent upgrades include a new air conditioner, enhanced signage, and attention-grabbing flags, ensuring exceptional visibility to attract customers. All bagels are freshly made in-house, optimizing efficiency, while dough production is outsourced to maximize productivity.
With a solid seven-year establishment, this business offers the buyer peace of mind, showcasing long-term stability and security. Additionally, the lease has 3 years remaining with only a small 3% incremental increase plus landlord’s consent for a 10 year extension, guaranteeing favorable lease conditions for the foreseeable future.
Owner is looking to retire as he’s been in the business over 10 years. He is motivated to make a deal with the right buyer.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711
Financial
- Asking Price: $240,000
- Cash Flow: $94,920
- Gross Revenue: $442,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: No
- Established: N/A
Detailed Information
- Property Owned or Leased:Lease
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
This outstanding opportunity allows you to enter the thriving bagel shop industry with minimal initial investment, bypassing startup costs and market uncertainties. Take advantage of acquiring a fully operational business from day one.
Yes.
Other business interests.
With a solid seven-year establishment, this business offers the buyer peace of mind, showcasing long-term stability and security. Additionally, the lease has 3 years remaining with only a small 3% incremental increase plus landlord's consent for a 10 year extension, guaranteeing favorable lease conditions for the foreseeable future.
Owner is looking to retire as he's been in the business over 10 years. He is motivated to make a deal with the right buyer.