HS Listing ID-71397
Established for nine years a highly profitable, 100% absentee-run bagel and bakery institution. Deeply embedded in the local community with minimal competition, the business has built a premier reputation.
This turnkey operation is optimized to handle a high-volume retail footprint while maintaining consistent revenue through established school wholesale accounts. The business operates out of a spacious 4,000-square-foot facility, expertly driven by massive weekend surges and a proven, multi-year performance track record. Fully staff-run and operationally refined, it serves as an ideal, scalable platform for an owner looking to step into a successful, high-performing asset.
Financials Overview
Asking Price: $1,000,000
Owner Profit: ~$300,000 annually (18% profit margin)
Weekly Sales: $32k – $35k
Payroll: $7500 / week
Rent: $4,000 / month (all-in, includes water, no taxes or CAM)
Sales Mix 2025:
In-Store Sales: $1,224,000
DoorDash: $613,015
Business Highlights
Established Longevity: Opened in 2017, the business boasts a proven, 9-year track record of operational success and brand equity in the community.
Proactive Capital Investment: Ownership maintains a strict policy of purchasing brand-new equipment. While some foundational pieces remain from the original opening, the majority of the equipment has been systematically upgraded with new, high-performance assets to ensure reliability and peak efficiency.
Preventative Maintenance Culture: The operation adheres to a disciplined annual maintenance schedule. Every July—historically the business’s slowest month—the store undergoes a mandatory two-day closure for a comprehensive deep cleaning and proactive repair of any mechanical or structural needs.
Turnkey Condition: The result of this strict equipment policy and annual maintenance is a facility that operates at an exceptionally high standard. The condition of the assets is evident in the available video walkthrough, reflecting a business that is “ready-to-go” for a new owner.
Market-Proven Platform: A consistent, high-volume retail footprint that has survived and thrived through nine years of market cycles, school wholesale contracts, and evolving consumer demand.
Optimized Absentee Workflow: Built upon a foundation of nearly a decade of institutional knowledge, the business has successfully transitioned to a fully staff-run, absentee-led model without sacrificing throughput or service quality.
Operations & Staff:
Ownership: 100% Absentee; owner operates remotely.
Volume: Highly efficient, turnkey workflow handling 600–800 orders on Saturdays.
Team: 2 full-time managers, 2 bakers, 5–6 full-time support, and ~15 part-time staff.
Production: 2 Full-Time experienced bakers ensuring product quality and consistency.
Support: 5 Full-Time staff members and ~15 part-time student employees, providing a flexible and reliable workforce for high-traffic weekend surges.
Labor Efficiency: Total weekly payroll is highly controlled at $7,000 – $8,000.
Real Estate & Lease Security:
Main Facility: 4,000 sq. ft. retail space with 6 years secured (1 year remaining + 5-year option).
Landlord Terms: Highly favorable; landlord open to a new lease and has granted a Right of First Refusal on the property.
Rent: $4,000 / month all-in
Basement space is available for additional rent of $1800/month.
Expansion & Margin Growth:
Dough Facility Build-Out: Option to actively construct a 2,200 sq. ft. underground production space to eliminate supplier dependency and capture massive wholesale margins.
Minimal Overhead: This separate production space is locked in at an unmatched $1,800/month.
Expansion: By bringing production in-house, it will allow for menu expansion and capacity for wholesale and catering.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
