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The Wall Street Journal Online

High Volume Bagel Restaurant

Coral Springs, Florida (Broward County)

 
Photo Available
Asking Price:
$625,000
Gross Income:
$1,064,741
Cash Flow:
$236,196
FF&E:
$100,000.00 *
Inventory:
$7,500.00 **
Real Estate:
N/A
Year Established:
2002
Employees:
10ft 3pt
Business Type:
Restaurants

** not included in the asking price

* included in the asking price

Business Description

Reason for Sale:Expanding into Dade County. Profitable/High volume Bagel restaurant in NW Broward. Neighborhood landmark for over 10 yrs. Sales $1 mill + in 2011.Owner operator makes$180k +. Great upscale family community.Top Publix Ctr. Perfect books & records. VISA qualified. Over $500k invested in buildout & equipment.Full kitchen (hood/walk ins) Bagels baked on premises.Seating for 84. Ask for video tour. A new owner can open for dinner to increase sales. Please refer to listing number 16417079 broker Russell Cohen when inquiring about this listing.

Detailed Information

Facilities:
Lease/Month:$10000 with 1-5yr terms and option s located at a shopping center with 3000 sq ft
Financing:
Amount is $175k @ 6% for 36mos
Support/Training:
Seller will train for 2 weeks at no cost
Reason Selling:
Coral Springs
Contact Seller

Broker Information

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Business For Sale Listed By

Russell Cohen
Transworld Business Brokers, LLC.

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Sponsoring Broker

Transworld Business Advisors Cagnetta

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Ad#: 691732

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