MergerPlace

Booming Bagel Business

New Jersey (Middlesex)


  • Asking Price: $650,000
  • Gross Income: $884,000
  • Cash Flow: $262,520
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $240,000
  • Listing ID: #208272
  • Established: 2
  • Employees: 8

Business Description

Only 2 years and setting sales records every week. $295,000 original build out gives new owner the equivalence of a brand new facility. Great lease with surprisingly low rent factor. Well trained cordial staff in place would surely stay on. Customers appreciate special treatment which lead to endless line of new faces. Extended hours would be a plus. Proof of funds a must. If you know the business you will recognize a winner. Located in booming strip mall with Post Office and large parking lot. Call Bill Friedman at 973-270-4375 to schedule a showing. Owner forced to take over business.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New Jersey
County: Middlesex

Company Information

Year Established: 2
Home Based: Yes
Franchise: No
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $650,000
Gross Revenue: $884,000
Cash Flow: $262,520
FF&E: $240,000
Seller Financing Available: No

Property Information

Facilities:

$295,000 built out 2 years ago, 1,900 sq. ft. , large parking lot, 10 years + 10 years lease

Growth & expansion opportunities:

Possible

Competition:

Minimal

Reason for selling:

Must take over family business in foreign country

Support & Training:

As necessary

Contact Business Seller

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Business Listed By:

William Friedman

Executive Business Brokers