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Successful Bagel Shop in Raleigh, NC - Six Figure Earnings!

Raleigh, NC (Wake County)

We Sell Restaurants - North Carolina Restaurant Brokers
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Asking Price: $395,000

Cash Flow: $138,960

Gross Revenue: $662,951

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 13

Successful Bagel Shop in Raleigh, NC - Six Figure Earnings!

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Business Description

Seize the Rare Opportunity to Own a Thriving Bagel Shop for Sale in Picturesque Raleigh, NC - Established for 13 Years, this Success is Generating over $660,000 in Sales and over $72,000 in Earnings!
Raleigh North Carolina is a gorgeous town, with a multitude of colors and foliage painting the town. It has experienced tremendous growth in the past several years, making this bagel shop for sale an incredible opportunity. With an estimated median household income of $64,456, well above the national average.
This busy bagel shop for sale is set in a very active outdoor shopping center, anchored by several large retailers and family-friendly attractions. Within a 3-mile radius, there is a movie theater, several car dealerships, apartment complexes, office parks, schools, and several hotels. This bagel shop for sale is located right off one of the busiest highways in the area, you can benefit from hungry daily commuters as well as pedestrians from the shopping center. We sell restaurants calls this a winner!
Because this bagel shop for sale has positive cash flow, they are already approved for SBA lending! We Sell Restaurants has built a fantastic rapport with conventional and SBA lenders who are waiting to approve you! It is also E-2 Visa qualified!
The store features a wonderfully executed 1700 square foot space, which has been perfectly utilized for maximum efficiency. The lease is month to month and a new one is required for this bagel shop for sale. This simple to operate store is perfect for anyone! Retirees, Restaurant First Timers are Veterans, Single Moms or Dads, and more!!! Especially someone with a family who wants to run a business but be home in time for dinner. You can have it all with this Bagel Shop for Sale, as it closes at 4 PM!!
One of the major advantages of this bagel shop for sale is that it is also a franchise! You get to go into business for yourself without having to feel like you are by yourself. The franchise provides six weeks of initial training and on ongoing coaching which is covered under the low $2,500 transfer fee. For use of their recognizable and beloved trademark, award-winning recipes and methods that have made them a success there is a 5% of sales royalty fee. To cover the cost of materials that are used in nationwide and brand promotion, there is also a modest 1.75% marketing fee.
Starting from scratch comes with headaches, money and time spent on a build out and permits and you are in the red before you were even open! With this bagel shop for sale, you are profitable on day one! Call We sell restaurants today before this opportunity is gone!

Detailed Information

Location:
Raleigh, NC
Real Estate:
Owned
Included in asking price
Building SF:
1,700
Employees:
10
Facilities:
Bakery layout to include dining room furniture and all equipment locations Picard revolving oven MT 8 6 Gas Kettle Kettle Exhaust Captive Air Misc Bagel Tables and Layout Table Hoshizaki Ice Machine Walk in Safe Feco Bagel Rack 3 Undercounter Refrigerators Chia and Hot Chocolate Beverage Dispensers 2 Drop in Cold food units Display Case Cater Hoffman Holding Bin Cater Hoffman Holding Bin Model 2 Roundup Egg Equipment Merrychef Assorted Stainless Steel Tables
Competition:
Anchored by large shopping center nearby schools hotels apartment complexes and car dealerships
Growth & Expansion:
Plenty of room in Raleigh to open more locations in the expansive town
Financing:
Month to Month
Support & Training:
6 Weels
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
Business Website:
http://www.wesellrestaurants.com
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Contact the Seller

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Robin Gagnon

Business Listed By:
Robin Gagnon

We Sell Restaurants

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The Georgia Association of Business Brokers (GABB).


Sponsoring Broker:
Eric Gagnon

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