Listing ID: 41022

Business Overview

  • Situated along high walking traffic, main road near many residential homes, apartment buildings, and numerous major brand establishments.
  • The bagel shop’s proximity to the beach results in flourishing business during the summer months, it is also close to train station which brings in more walking traffic
  • Well-established in this location since 1990’s with same ownership, it is a staple in the community with many great reviews
  • Business currently does not do ANY online delivery services, huge value add opportunity. All revenue in through the door or a bit of catering
  • The business is owner-operated, but there’s a designated manager in place
  • 10 years remaining on the lease – 4% increases annually
  • All bagels are made in-house, water bagels, revolving oven
  • 6 Employees (3 FT, 3 PT)
  • 1,000 SQ FT
  • Hours of operation: 5 am – 2 pm – new owner can extend hours to increase revenue, especially during summer months (it is needed)
  • Reason For Sale: Retirement

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: $497,500
  • Cash Flow: $265,000
  • Gross Revenue: $1,162,976
  • 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
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Cooperating Broker of Record

Jason Green

SFR Realty, LLC

New York - 10301222535