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High Volume Bagel Deli
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $500000
Net Profit / Cash Flow $105000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1990
Number of Employees 1 - 3
Inventory $175,000 equipment & $1,500 inventory.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The seller will remain post closing and supply a long term transitional period.
Reason for Sale Partner retirement.
Description Bagel Deli business in Bergen County & Northern New Jersey and located in an urban commercial area, on a busy state highway with a huge volume of drive by traffic. The business produces yearly sales of $500,000 and a solid consistent net income to the owner operator. This commercial area has a large volume of businesses which attract numerous daily workers and shoppers. Based on the asking price, required down payment and net income this business should supply a 25% return to the owner operator prior to debt service. The facility is clean and modern and all equipment is in excellent working condition. The facility which is 1,800 square feet has a large walk up counter and a huge commercial kitchen capable of high volume production. The partners who are now at retirement age will supply a long term training and transitional period to the purchaser. This is an excellent opportunity and visiting the business facility will require an appointment. Employees will remain and are unaware of the pending sale. The facility consists of 1,800 square feet with a seating capacity for 18 customers. The business has a large walk up counter designed for fast food service and a huge professional commercial kitchen fully equipped for high volume production.
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