Summary
- Asking price:
-
$100,000
- Sales revenue:
- $215,000
- Net profit:
- $45,000
Business description
Highly visible and accessible location situated on Route 1 in Northwestern Bristol County. Route 1 is heavily traveled and there are many complimentary businesses in the immediate area. The Cafe space is approximately 1,500 square feet with a 16 person seating capacity. The space consists of a small dinning room, kitchen, prep area and bathrooms.
Property information
- Real Estate:
- Lease
- Location:
- PARKING: There is ample parking in the plaza.
EQUIPMENT: The equipment is in good condition and has been well maintained and is of good quality.
CONCEPT: The current concept is a Bagel Shop & Café.
SEATING: There is seating for approximately 16 persons in the dinning room.
HOURS: Open from 6:00 AM- 2:00 PM Monday – Friday 6:30 AM-1:00 PM Saturday & Sunday.
LICENSES: Common Victualler
SALES: The sales are approximately $215,000 annually.
RENT: The rent approximately $24,000 annually.
LEASE: The current lease has two years remaining with three (3) two (2) year renewal options.
ASKING PRICE: The asking price for the Business is $100,000.
Other information
- Expansion potential:
- This is good opportunity for the right operator. This is a strong location with high traffic counts. The seller makes the bagels on site but has never tried the wholesale market which offers tremendous growth potential. A buyer could start delivering and offer a desserts line.
- Support & training:
- To be provided
- Reasons for selling:
- Other interests
- Financing available:
- To be negotiated
- Furniture / Fixtures value:
- $80,000