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#Business ID: 20236

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Bagel Store - No Competition in Town!

Business Location: New Jersey, United States

Asking Price: $ 129,000 Revenue: $ 296,000 Cash Flow: not disclosed

Business Summary

Priced to Sell - Beautifully renovated bagel deli in a very large, busy strip mall. It’s the only bagel deli in Roselle. It's in close proximity to Home Depot. Mall is very busy until 9pm so a new owner could extend it hours to increase its profits. Furniture, Fixtures, & Equipment of $50,000 & Inventory of $4,500 are included in sale. Store has recently established some new chain store & federal accounts, & has begun delivering. A new owner can establish additional clientele in the neighboring towns of Roselle Park, Elizabeth, Union, & Linden by doing additional advertising & promotions. Other Expense: Office Supplies $1,000. Landlord would offer a long term lease with at least one (5) year option. Present owner sells pizza, which is stated in his present lease.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Additional Details:

The property is leased.
This is not a homebased business opportunity.
This is not a franchise resale opportunity.
Net Profit: $92,459

Property Details

Years Established:

2

Property Type:

Lease

FF&E:

$ 50,000

Other Business Details

Premise Details:

1,900 square feet. All Furniture, Fixtures, and Equipment are included in the sale. All are in excellent condition as the store was remodeled 2 years ago. There’s plenty of free strip mall parking available.

Competition:

It’s the “only” bagel store in its entire town. The nearest bagel store is several miles away. The owner has recently established some new chain store and government accounts, which they deliver to. A new owner can increase this business along with establishing some new accounts. That can be best achieved by doing some additional advertising, and also doing promotions.

Business Operation Details

Employees:

2

Support & Training:

The owner is willing to train/ assist the new owner.

Miscellaneous Details

Reason For Selling:

Owner has other business interests.

Contact this seller

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