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Bagel Deli For Sale

Bergen County, New Jersey, United States
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Asking Price$190,000
Revenue$400,000 Established1987
Cash Flow$68,500 Employees5 full-time
FF&E$125,000* FranchiseNo
Inventory$1,500* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Recently available due to owners illness, for this one year new Bagel Deli business in a wonderful area of Northern New Jersey. This Bagel Shop is fully equipped, clean and modern with a gross income of $400,000 and projects a substantial increase in the 2017 gross income. This company has five employees who are unaware of the pending sale and fully expected to remain post-closing, with a monthly payroll is approximately $10,800. This successful bagel deli business operation is active seven days per week, with hours from 5:00 am to 3:00 pm. The facility has appropriate private mall parking on site as part of the commercial lease.This industry does not require government licensing approval to purchase or operate. The sale includes all required documentation including a certificate of occupancy and food license from the municipality and the required state or city licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to fully supply a wonderful investment to the owner operator prior to debt service. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Facilities:The business facility consists of 1,800 square feet in a clean and attractive setting, duel entrances, and a seating capacity for twenty customers. The business is on an active commercial avenue and a very busy county road with many other commercial active successful businesses. This opportunity is in Northern New Jersey, Bergen County, which consists of various affluent and highly populated communities with continued demand for this food product.
Competition:Although competitors presently exist in this industry, to the best of our knowledge, due to various circumstances, 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.
Growth Potential:The business presently has a limited marketing plan, no web site and if improved can further develop the business yearly gross sales. The business can be further developed with longer hours, adding Lotto and additional products.
Training/Support:The owner will remain post-closing to supply an appropriate transitional period to the new owner/operator.
Seller Financing:Seller financing is available to qualified buyers.
Sale Reason:The sale is due to the owner recent, illness, heart attack.
Ad #92765
Seller Reference #BGL202
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
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