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Franchise Bagel Deli

11/wk
Bergen County, New Jersey, United States
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Asking Price$425,000
Revenue$683,015 Established2014
Cash Flow$117,340 Employees6 full-time
FF&E$190,000* FranchiseYes
Inventory$1,500* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Profitable Manhattan Bagel Franchise Business in an active commercial area in North Eastern, New Jersey. The business produces a gross income of $683,000 and a verifiable net yearly income of $117,000. This franchise location is known for its excellent products, quality and exceptional service. The franchise supplies and delivers the food products to the business location, reducing the time and labor cost to the business operator, which results in a higher net cash flow. The 2,400-square foot facility is conveniently located on a highly active populated commercial avenue with many other successful retail businesses. This location offers a full menu, seating for 45 customers, and quick service for take-out orders. The state of the art equipment is five years old, and in excellent working condition. The sale requires franchise approval and two weeks of personal training. Based on the asking price, required down payment and yearly net income, this business expect to supply a 27% investment return to the owner operator prior to debt service. This is an excellent investment, please call for further details. The transaction requires Franchise approval. The business has a gross yearly income of $683,000 and a net income of $117,000 based on an onsite owner operator and prior to debt service. The price has been set at $425,000 also some owner financing may be available to qualified buyers.
Facilities:This profitable business is in an upscale and highly populated urban area of Northern NJ. This bagel luncheonette business is on a highly active commercial avenue with a huge number of daily shoppers and workers. The facility is ultra-modern with a state of the art image, 2,400 square feet with a clean attractive appearance. The facility has a full stage kitchen for fast food service and a large rear preparation area. The facility has an attractive image and duel entrances and no basement. The assets have an estimated value of $190,000 which is based on equipment, franchise approval, licensing, etc. The sale also includes the franchise rights, a commercial kitchen and prep area, tables & chairs, POS & phone system, various refrigeration units, commercial scale and various equipment required for this retail food service industry.
Competition:No other competitive Bagel food franchises are in this area and seller will supply an appropriate non-compete agreement to purchase.
Growth Potential:With onsite ownership / management, continued good service and food quality, this business can be further improved.
Training/Support:The owner and franchise will supply a transitional period & remain post closing 30 days.
Seller Financing:Some seller financing is available to qualified buyers.
Sale Reason:The owner is presently an absentee owner with an alternative food businesses.
Ad #93413
Seller Reference #BGL204
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
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