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Thriving Bakery & Bagel Store In New Jersey For Sale

New Jersey, US
Asking Price:
$100,000
Sales Revenue:
$334,000
Cash Flow:
$100,000

LISTING ID # 36336

Opportunity to Own a Thriving Bagel Store! This busy bagel store is a breeze to run, with bagels purchased wholesale and sold at a high markup. Located in an excellent area with a strong base of regular customers and new faces, the store also offers baked goods and sandwiches. Current menu pricing is much too low, providing an opportunity for a new owner to raise prices, extend operating hours, and expand the menu. The current owner earns $100,000 year after all expenses and reports that an experienced operator could realize a yearly profit of $200,000 plus. The current owner currently works 40 hours per week and has part time helpers. Inventory includes a 60 qt mixer, 2 convection ovens, a 30" griddle, exhaust system, walk-in refrigerator, freezer, and much more. Rare under market bagel store opportunity! Low $1950 rent with 7 years left! Try a delicious bagel and contact the listing broker, Brian Bernstein.

Business Operation

Reasons for selling:

Retirement

Employees:
2 PT
Years established:
3

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$15,000