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Wonderful Bagel Deli
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $450000
Net Profit / Cash Flow $65000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2010
Number of Employees 1 - 3
Inventory 150000 Equipment & 1500 Inventory
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The seller will remain after closing and supply a long term transitional period.
Reason for Sale Alternative food business out of the immediate area.
Description Most unusual opportunity to own this high volume ultra modern Bagel Deli business in an active commercial mall. The facility is located on a state highway in Passaic County, Northern New Jersey with thousands of drive by vehicles daily. The business produces $450,000 yearly gross sales, and a consistent net yearly income. The business is three years young, the owner is semi absentee, involved in an alternative business out of the immediate area and cannot continue to maintain this bagel store. The price has been set by the owner very aggressively below market value. The business is fully equipped with newer state of the art equipment which actually represents the business value. The sale includes a complete turnkey operation, POS system, two walk in refrigeration units, prep and full kitchen including various equipment required for this particular industry. 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. A must to see to fully appreciate. The facility consists of 2,500 square feet in an ultra modern clean setting. The facility has a huge walk up counter and a large fully equipped kitchen and prep area. The business also has walk in refrigeration units and a large private office.
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