Bagel store

Dumont, NJ (Bergen County)

Seller Financing Available
Bagel store

Asking Price:$650,000

Cash Flow:$180,000

Gross Revenue:$624,000

EBITDA:N/A

FF&E:N/A

Inventory:$5,000*

Established:1997

*not included in asking price.

Bagel store

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Business Description

Run as absentee owner. Even Family members on pay roll too. Easy management and simple menus to cover.
You may get back investment 3 years later without risk and still have a business. There are steady clients more than 10 years, If new owner has extra 2 family members to help business as a part time, it could be more than $200000 per year for that family. Buyer must be ready and able financially. Seller will prove numbers not to waste time.
Even in recession , gross sales has not changed much.

To arrange meeting,please email. brokerleo@hotmail.com.

Detailed Information

Inventory:
Not included in asking price
Employees:
4ft. 1pt.
Facilities:
Ample parking. 1000sf. 10 years lease. Rent is only $2200. 3% increase per year.
Competition:
People pass 4 towns on this road in the morning but this is the only one. Alreeady set up more than 10 years on the location.
Growth & Expansion:
More catering and wholesale will bring up higher gross sales. Big room to grow with more luunch menus . Needs more interior upgrade and lunch menus variety, and it will attract more customers.
Financing:
Broker will help to get financing $150,000 possible if qualified.
Support & Training:
Seller will support buyer to settle in with easy transition.
Reason for Selling:
Purchase other bigger project and investment

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Leo Yeo

Business Listed By:
Leo

NYNJ Business,LLC.

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