Listing Number: 189597-253193
Description
With 770k in sales and 200k in profit, this bustling bagel shop is not only a part of one of the largest bagel franchises in the country, but it is ranked 24th out of all stores nationwide! The franchise has a strong brand name and offers support and training to its franchisees. All products come from the franchisor which makes the store easier to run. Established in 1996 and situated at the end cap of a Whole Foods shopping center, the location is AAA. Sales are up 30% in the last 2 years and continue to grow. Profit for 2022 was 175k and is on pace to exceed 200k with 850k in sales this year. Delivery services including DoorDash, UberEats, Grubhub, and ChowNow make up 25% of the sales. The buildout is pristine, and the equipment is regularly serviced. The seller is motivated and priced it to sell quickly. This is an incredible opportunity that does not come around often. High sales volume. Strong growth. Reputable name. Beautiful store. Perfect location. Long lease. 50% seller financing. This one is a no-brainer.
Listing Details
- Price: $ 400,000
- Down Payment: $200,000
- Sellers Discretionary Earnings: $ 200,000
- Total Sales: $ 769,345
- Location: Monmouth County, New Jersey
- Inventory: $ 12,000
- FF&E: $ 125,000
- Employees: 6
- Year Established: 1996
- Reason for Selling: Other Interests
- Category: Restaurants
