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Bagel Cafe, East Norriton, Pa For Sale PRICE REDUCED

Norristown, PA (Montgomery County)

Seller Financing Available
BAGEL CAFE
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Asking Price: $150,000

Cash Flow: $40,000

Gross Revenue: $168,000

EBITDA: $35,000

FF&E: $100,000

Inventory: $8,000*

Rent: $2,600 /Month

Established: 1996

*not included in asking price.

Bagel Cafe, East Norriton, Pa For Sale PRICE REDUCED

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Business Description

EAST NORRITON, PA, RATED AS NUMBER ONE BAGEL SHOP IN MONTGOMERY COUNTY

Bagel Café has been providing New York style fresh bagels in Montgomery County since 1995. We boil our bagels and bake them on redwood blocks with burlap and stones to keep the freshness and taste. We are located in HillCrest Plaza on Germantown Pike in East Norriton. We specialized in catering large groups, delivery to commercial, retail and residential locations. We also cater to the special order for small and large group breakfast and Deli sandwiches.

It has been rated as number one bagel shop in Montgomery County and received "Readers Choice Award" for 2017 and 2018

Detailed Information

Location:
Norristown, PA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
12/31/2019
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
We make our bagels in house. All our equipments (kettle, Oven, Walk in Refrigerator, Freezer, and many more needed to run an excellent bagel shop are included. BAGEL CAFE IS LOCATED IN A VERY REPUTABLE HILLCREST SHOPPING PLAZA AT THE INTERSECTION OF GERMANTOWN PIKE AND SWEDE STREET. THIS PLAZA IS ONE OF THE MOST WELL MAINTAINED IN NORTH EAST PENNSYLVANIA. RUN BY THE MOST REPUTABLE MANAGEMENT COMMPNAY. IT HAS PLENTY OF PARKING
Competition:
Almost NONE.
Growth & Expansion:
HUGE
Financing:
Seller Financing Available to a Qualified Experienced Buyer
Support & Training:
We will provide one month training to the new purchaser
Reason for Selling:
Retiring
Franchise:
This business is an established franchise
Business Website:
http://www.bagelcafe.us
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Business Listed By:
raj patel

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