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Location Of Bagelstore Is Prime In Business For Over 20 Years, Must See

338 Union Hill Road Rt 9 North, Marlboro, New Jersey, United States
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Asking Price$75,000
Revenue$338,000 Established1997
Cash Flow$150,000 Employees2 full, 4 part
FF&E$115,000 FranchiseNo
Inventory$7,500 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
1200 sq ft. big kitchen, oven ExCalibur and Bagel conveyor machine, mixer and fry grill and 2 ovens, proofer 2 walk in refrigerator boxes, full inventory of everything in store, turn key operation, it seats approximately 30 people comfortably, all cookies and pastry are also made on premises, the cold cuts sandwhiches are all boarshead products. We make our own tuna chix egg salads as well as different types of cream cheeses. We have an extensive menu of hot and cold food and our coffee is New England, We have a huge walk in refrigerator for all types of drinks, it has been recently repainted and redecorated.  We have a lease of 3 1/2 years left, however the landlord is willing to start up a new lease with a new owner, they also hold 6 months rent in escrow.  The store averages anywhere from 6,000 per week to 7,500 per week. The payroll is approximately 1500.00 per week and the food cost are in accordance to how much product you are selling. We do alot of deliveries in the area, and also catering and 6 ft long sub sandwhiches.  The asking price is $75,000 and we are negotiable on the price.  Looking for a cash buyer as well.  The location is next to the bus commuter parking and there are alot of other attractions in the area.  It is the store that you have been waiting for. It will not be for sale for long at this price, so call and make an appointment with me Kathleen the Owner and my husband Frank.  We have 2 motel businesses in Wildwood NJ and we are planning on purchasing another motel, we no longer have the time to run and operate the Bagel store, I am also planning on selling my home in Marlboro and moving closer to the Wildwood area of NJ.  If you are interested -please contact me. Full survellaince system that you can view from your computer or phone from any location
Facilities:Upon entering you have an open floor plan with the tables in a three row position, easy access to the counter, upon where you have 2 cash registers and also a credit card machine, the bagels are located in the binns behind the register and are easy for people to view as well as the Deli cases and the bakery case, their is a swinging door that enters into the kitchen. The phone is located on a counter where we also keep the toaster and plenty of room to take delivery orders and also alot of customers call in their orders for pick up, we also do catering.
Competition:Their is absolutely no competition around this location, the bagel shop that exist in the Shoprite shopping center does not have a following or a good reputation. It is next to the Homedepot and yet Homedepot calls us everyday for their breakfast and lunch.
Growth Potential:The growth potential is vast, our biggest issue has always been our not being available to operate the store the way it needs to be, due to our other businesses which we are bound to from April 1 until September 30th of each year. It leaves us having to rely on managers, and that has been a difficult position for us to be in. With the right owner, who has the time to own and operate the business on a full time basis, the store can only continuously grow, we have done well even with the economy lagging.
Training/Support:We are both available to anyone who should be interested in purchasing the Bagelstore. We however, will only subject our time to a serious buyer, who will in good faith put down a deposit. Other wise our time is not to be wasted.
Seller Financing:No financing at all. we are only interested in a cash buyer, that is why we are flexible on the pric
Sale Reason:We wish to relocate and concentrate our efforts in our other businesses which are located in South N
Ad #28870
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Contact This Seller
Kathleen Mangini
732 272-3033
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