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Great Bagel Opportunity
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Northern Palm Beach County - Florida, Palm Beach
| Seller Financing: |
No |
| Lender Pre-Qualified: |
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| Listing ID: |
74116 |
| Office ID: |
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| Status: |
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Listing Details
| Listed Price: |
$70,000 |
| Down Payment: |
$70,000 |
| Total Sales: |
$400,000 |
| SDE: |
$80,000 |
| EBIT: |
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| EBITDA: |
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| FFE: |
$75,000 |
Included? Yes |
| Real Estate: |
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Included? No |
| Inventory: |
$10,000 |
Included? No |
| A/R: |
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Included? No |
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| Reason for Sale: |
Illness and moving out of state |
| Training: |
2 weeks at no cost to buyer |
| Financing Terms: |
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Operations
| Year Established: |
1996 |
| Last Acquired: |
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| Form of Ownership: |
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| Home Based: |
No |
| Relocatable: |
No |
| Type of Location: |
Strip Center |
| Absentee Owner: |
No |
| Online: |
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| Employees: |
Full Time: 2 / Part Time: 3 |
| Managers: |
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| Hours: |
4am to 2pm 7 day's |
| Owner Hours: |
50 |
| Non-Owner Payroll: |
$1,400 |
| Franchise Info: |
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Location
| Lease Expire: |
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| Option: |
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| Lease Terms: |
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| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
1300 |
| Facilities: |
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Summary
| Business Description: |
Bagel shop in a Publix strip center in an upscale Northern Palm Beach county neighborhood. This store makes quality bagels the old fashioned way. Simple operation.Easy menu! Owner was ill and went to New Jersey and left the biz for almost a year and of course the biz lost almost all of its whole sale biz. Owner is back and selling the biz and going back to New Jersy . Owner is selling the biz on what it is doing now which is over 400k gross and 90% of it is retail. Used to do over $1,000,000 Right owner could double income |
| Historical Summary: |
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| Owner Qualifications: |
Management |
| Competition: |
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| Potential Growth: |
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