BAGEL DELI OWNER FINANCING
RestaurantsFor Sale in NJ
Financial & Assets Details
About the Business
Owner retiring after many successful years in the food bagel and deli industry. The owner will finance this transaction with a modest down payment to a qualified buyer. The business is modern and attractive with substantial growth potential. The staff will remain after closing and this sale is confidential. This is a dependable safe business opportunity and based on the terms of sale, this business expects to supply a consistent return on investment to the owner operator. The business fixed assets have an estimated value of approximately $125,000 which is based on the cost of the original buildout, replacement expense, representing equipment, licensing, tangible & nontangible values. The accurate value of the assets will be calculated during the allocation period. This transaction consists of a fully equipped commercial retail bagel-deli operation, which includes, required municipal & state licenses, web site, social media venues, full commercial kitchen, shelving, New POS system, tables, computer, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request.
Growth & Expansion
Regarding growth and expansion, this bagel food operation can be further developed by increasing the hours, offering delivery, and improving the marketing system, local advertising. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.
Owner financing is available for this transaction with a modest down payment to a qualified buyer with an appropriate collateral, and credit rating.
Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
This business opportunity is in north central New Jersey, Sussex County on a highly active four land county road with thousands of drive by vehicles. This business facility consists of approximately 1,600 square feet with a clean and attractive appearance and a seating capacity for twenty-four customers. The business is in an active commercial mall conveniently located for its various customers.
Support & Training
Training and owner support, the owner will remain post-closing and is prepared to supply an appropriate transitional period to purchaser.
Reason for Selling:
The purpose of this business transaction is due to the owner retirement from the food industry after many years of success.