NY Bagel Delicatessen Drive Thru In Arlington For Sale

Business description

BEST OFFER - MegaBite Restaurant Brokers LLC offers, for your ownership consideration, a drive-thru fresh-baked bagel deli located on a busy road (85,000+ daily car count) in Arlington, Texas.
Customers rave about their REAL New York bagels and homemade recipes for chicken salad, queso and fixings! The deli offers patio dining, free WIFI and great coffee including espresso and cappuccino. The concept is unique and is a candidate for national expansion as a franchise. The entire
operation is spotless and shows very well! The asking price for the assets of the business is the BEST OFFER. The assets include inventory at cost of $2,000 and FFE (Furniture, Fixtures and Equipment) are valued at $75,000. The owner invested $300,000 !
MAY UPDATE: The seller made 4 changes and the business is now profitable.
1. Open Sundays - 1st part of March, 2. Price increase - March 15th, 3. Stopped charging sales tax (March 15th) on exempt items 4. Changed bagel manufacturer in January - People are loving the bagels!
March 2012 Sales $27,087 Seller’s Profit $3,015
April 2012 Sales $28,556 Seller’s Profit $7,039

Property information

Real Estate:

Lease

Premises details:

The restaurant occupies ~2410 SF end cap leased for $3,866 per mo including NNN through 12/31/2013 with a 5 yr option. The security deposit is ~$5,824.25. The Lease transfer fee is estimated at $1,500

Business Operation

Expansion potential:

This is a strong location with excellent potential. A new owner can continue to grow the business and
profits in several ways: 1. Buy large bagel costume and hire animated person to gain attention from
85,000 vehicles that drive by daily on Cooper Street 2. extend hours 6 am - 8 pm 3. Promote drive thru
breakfast and lunch 4. Add live music to build evening business 5. serve beer and wine 6. Expand
catering 7. Develop franchise concept and expand locations across the USA

Reasons for selling:

Owner invested in the business with an operating partner. He had never planned

Employees:

8

Years established:

2008

Other information

Support & training:

The seller wishes to ensure a seamless transition with a purchaser. He will train a buyer for 2 weeks included in the purchase price. The seller is willing to remain for a longer period of time, if desired by a purchaser, at mutually agreed compensation.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Price BEST OFFER

Furniture / Fixtures value:

$75,000 (included in the asking price)

Inventory / Stock value:

$2,000 (included in the asking price)

Related documents:

• 
• NDA for this and other offerings