Hot bagels

Bergen County, NJ

Seller Financing Available
Hot bagels
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Asking Price: Get Financing: $1,400,000

Cash Flow: $300,000

Gross Revenue: $1,144,000

EBITDA: $330,000

FF&E: N/A

Inventory: $6,000*

Lease Rate: $39 /SF/Year

Established: 2006

*not included in asking price.

Hot bagels

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Business Description

Absentee owner, run by the manager. Prime location. $22,000 weekly sales is very hard to find at Bergen county.
NO experience necessary, great for the family business and bank financing is no problem.
For the showing,,
Text or email :brokerleo@hotmail.com The buyer may need the meeting with broker first.

NDF should be signed with proof of funds.Must be able and ready financially.

The owner will prove all numbers after the price is agreed.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
4/15/2027
Employees:
6f 4pt
Facilities:
Prime location. Very low rent as $6500 monthly all included, 2000sf with full kitchen. Extra Bakery oven ready.
Competition:
NO competition.
Growth & Expansion:
New owner can start catering and put more family members, net income will be easily $400,000. per year easily.
Financing:
some possible if qualified
Support & Training:
The seller will hand over all the needs for the smooth transition.
Reason for Selling:
Retire
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Contact the Seller

(from currently available funds)
 
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Leo Yeo

Business Listed By:
Leo

NYNJ Business,LLC.

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