BAGEL DELI BGL287

Price: $250,000

Location: Essex County, New Jersey

Industry: Adult Club

Listing ID: BGL287

Profitable modern Bagel Deli Business in an active commercial area in Northern New Jersey in the county of Essex. The business previously had a gross yearly income of $600,000 Plus and a verifiable net yearly income of $85,000. The business is highly popular and expects a further increase in the gross sales. The business has a fully equipped high-capacity commercial kitchen. The 1,900-square foot facility is conveniently located in a highly active populated commercial mall with many other successful retail businesses. This location offers a full menu, seating for twenty customers, and quick service for take-out orders. The state-of-the-art equipment is well maintained, and in excellent working condition. Based on the asking price, suggested down payment and yearly net income, this business expect to supply a consistent return on investment to the owner operator. This is an excellent investment, please call for further details.

Listing Details

Revenue: $600,000

Cash Flow: $65,000

FFE: $170,000 (Included in Price)

Inventory: $1,000 (Included in Price)

Reason For Sale:

The sale is due to the owner’s poor health and present absenteeism.

Training & Support:

Training and owner support, the owner will remain post-closing for four week and is prepared to supply an appropriate transitional period to the new owner / operator.

Location

Security on Lease: Two Months

Monthly Rent: 6,754

Type of Location: Active Commercial Businesses

Square Footage: 1900

Relocatable?: Yes

Facilities Information:

This profitable business is in an upscale and highly populated urban area of Northern New Jersey with numerous malls and various companies. This bagel luncheonette business is in a highly active commercial mall with daily shoppers and workers. The facility is clean-modern with an attractive image, 1,900 square feet with an attractive appearance. The facility has a full stage kitchen for fast food service and a large rear commercial kitchen and preparation area.

Summary

Competition:

To the best of our knowledge, no other competitive Bagel businesses are expected in this area, additionally seller will supply an appropriate non-compete agreement to purchase.

Potential Growth:

Because of the owner absenteeism, the business does not offer delivery or catering. This business operation can be further developed with an increase in delivery service and a catering program. The business does not have a local marketing system and the web site is limited and not optimized.

Financing/Terms:

Owner financing is available.

Ron Cervelli

contactus@regalconsultants.com

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