BAGEL DELI OWNER FINANCING. Bgl290

Price: $169,900

Location: Sussex County, New Jersey

Industry: Bagel

Listing ID: bgl290

Owner retiring after many successful years in the food bagel and deli industry. The owner will finance this transaction with a modest down payment to a qualified buyer. The business is modern and attractive with substantial growth potential. The staff will remain after closing and this sale is confidential. This is a dependable safe business opportunity and based on the terms of sale, this business expects to supply a consistent return on investment to the owner operator.

Listing Details

Revenue: $400,000

Cash Flow: $80,000

FFE: $125,000 (Included in Price)

Inventory: $1,500 (Included in Price)

Reason For Sale:

The purpose of this business transaction is due to the owner retirement from the food industry after many years of success.

Training & Support:

Training and owner support, the owner will remain post-closing and is prepared to supply an appropriate transitional period to purchaser.

Location

Security on Lease: Two Months

Lease Option: Yes additional options.

Monthly Rent: 3100

Type of Location: State Highway

Square Footage: 1,600

Relocatable?: Yes

Facilities Information:

This business opportunity is in north central New Jersey, Sussex County on a highly active four land county road with thousands of drive by vehicles. This business facility consists of approximately 1,600 square feet with a clean and attractive appearance and a seating capacity for twenty-four customers. The business is in an active commercial mall conveniently located for its various customers.

Summary

Owner Qualifications:

For Qualifications purposes; this business opportunity does not require any specific government licensing approval to purchase or operate other than the standard required municipal licenses.

 

Competition:

Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

 

Potential Growth:

Regarding growth and expansion, this bagel food operation can be further developed by increasing the hours, offering delivery, and improving the marketing system, local advertising. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.

Financing/Terms:

seller financing is available to a qualified buyer with an appropriate down payment, collateral, and credit rating.

 

Ron Cervelli

contactus@regalconsultants.com

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