Backstreet Bagel Company
Asking Price: | $380,000 |
Gross Revenue: | $775,000 |
EBITDA: | $112,000 |
Established Year: | 1995 |
Cash Flow: | $112,000 |
Inventory: | $10,000 |
FF&E: | $70,000 |
Long standing one of a kind restaurant with exceptional room for growth
Backstreet Bagel Company was established in 1995. The current owners took over in 2014. This award winning restaurant serves breakfast and lunch. The scratch kitchen turns out high quality bagels (New York style) along with other exceptional baked-goods, plus limitless breakfast and deli sandwiches. While the popular menu has remained largely the same since opening day, the owners have strategically added items to intensify the customer experience such as a complete craft coffee menu and additional deli sandwiches. The menu protocol is systematically in place and easily transferable to a new owner.
This counter service fast casual restaurant has surpassed an average 8% annual increase in revenue with a high of 31% since the pandemic. The trend of 8-10% increase in revenue continues. On-line ordering, cash and carry, or stop in all contribute to the success.
The dual owner team work on a part time basis mainly in an administrative role. The owners do oversee operations but the day to day activities are managed by shift supervisors.
Hours of operation: 7 days a week 6AM to 2:30 PM.