$170k Net, Cozy Well Established Bagel Shop In Goldmine Location
| Asking Price: | $260,000 |
| Gross Revenue: | $832,000 |
| Cash Flow: | $170,000 |
| Rent: | $67,200/Year |
HS Listing ID-12202
- Price Improvement from $349,999
- Location: Positioned on a busy main road with convenient street parking. The shop benefits from being near multiple schools, parks, and major franchise names, ensuring steady foot traffic and high visibility
- Favorable Lease Terms: A secure 7-year lease with a 5-year extension option, providing long-term stability for future operations.
- Cost-Efficiency: The unique advantage of water included in the rent, significantly reducing operational costs and boosting profitability
- Production: All bagels are produced on-site, supporting product freshness and quality
- Reputation: Established in the community for 10 years, the shop has built a solid reputation, as reflected in several five-star reviews
- Value Add Opportunity: Business currently does not do ANY online delivery services new owner can implement these services to instantly increase revenue. Little to no catering business. Owner also doesn't do any advertising.
- All bagels made fresh daily in house, revolving oven
- 95% of revenue is walk-in customers
- Full Spacious Basement
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
