MergerPlace

Established NY Style Bagel Shop

Pennsylvania (Montgomery)


  • Asking Price: $125,000
  • Gross Income: $373,469
  • Cash Flow: $59,028
  • Real Estate: Not Disclosed
  • Inventory: $750
  • FF&E: $40,000
  • Listing ID: #213741
  • Established: 2008
  • Employees: 2 FT / 3 PT

Business Description

Profitable NY Style Bagel Shop with loyal customer base has been making kettle-boiled bagels from scratch daily for the past 10+ years. This is a great opportunity to own your own Bagel/Break/Lunch restaurant in Montgomery County with a full menu including catering & wholesale clientele. Existing on-site bagel production operations can be scaled to support new retail locations. Open 7 days a week until 3pm. No nights! Don’t miss this tremendous opportunity to grow this independent bagel operation into your own bagel empire.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Pennsylvania
County: Montgomery

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT / 3 PT

Financial Information

Asking Price: $125,000
Gross Revenue: $373,469
Cash Flow: $59,028
FF&E: $40,000
Inventory: $750
Seller Financing Available: No

Property Information

Facilities:

This neighborhood favorite is the located in a shopping center anchored by large national retailers with high traffic visibility and ample parking. An original tenant of the strip center, the bagel shop occupies 1429 sq ft with a monthly rent of $4,098. The lease currently runs through 1/31/2020.

Growth & expansion opportunities:

This business has huge upside. Expanding menu such as smoothies & blended drinks and/or more lunch options. Increased wholesale and catering activities. Potentially expanding to additional retail locations such as farmers markets, smaller store fronts with the main location serving as the production operations.

Competition:

This business has no direct competition since they uniquely offer fresh, on-premises baked, NY Style bagels to the local community.

Reason for selling:

Owner pursuing other interests.

Support & Training:

Will train for 1 week @ no cost

Contact Business Seller

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Business Listed By:

Marwan Nabulsi

Murphy Business Brokers