BAGEL DELI

RestaurantsFor Sale in Woodland Park, NJ

Listing ID: BGL295 | Broker Listing ID: BLP403276

Financial & Assets Details

Revenues: $300,000

Cash Flow: $55,000

FF&E: $80,000

Inventory: $1,000

Inventory Inc. in Price: Yes

Square Feet: 1900+/-

About the Business

Year Established: 2000

Employees: 4

Lease Amount: $4,400

Seller Financing: Yes

Business Description

Profitable Bagel Deli Business in an active commercial area in Northern New Jersey in the county of Passaic. The business has a gross yearly income of $330,000 and net yearly income of $75,000. The business is highly popular and expects a further increase in the gross sales. The business has a fully equipped high-capacity commercial kitchen. The 1,900-square foot facility is conveniently located in a highly active populated commercial mall with many other successful retail businesses. This location offers a full menu, seating for twenty customers, and quick service for take-out orders. The state-of-the-art equipment is well maintained, and in excellent working condition. Based on the asking price, suggested down payment and yearly net income, this business expect to supply a consistent return on investment to the owner operator. This is an excellent investment, please call for further details.

Growth & Expansion

Because of the owner absenteeism, the business does not offer delivery or catering. This business operation can be further developed with an increase in delivery service and a catering program. The business does not have a local marketing system and the web site is limited and not optimized.

Seller Financing

Also, owner financing is available to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Market Competition:

To the best of our knowledge, no other competitive Bagel businesses are expected in this area, additionally seller will supply an appropriate non-compete agreement to purchase.

Location Details:

This bagel luncheonette business is in a highly active commercial mall with daily shoppers and workers. The facility is clean-modern with an attractive image, 1,900 square feet with an attractive appearance. The facility has a full stage kitchen for fast food service and a large rear commercial kitchen and preparation area. This profitable business is in an upscale and highly populated urban area of Northern New Jersey with numerous malls and various companies.

Support & Training

Training and owner support, the owner will remain post-closing for four week and is prepared to supply an appropriate transitional period to the new owner / operator.