Premiere Bagel Franchise In Essex County For Sale

Business description

Well established, very profitable Franchise Bagel Business in a large commercial mall in Northern New Jersey. This franchise location produces a high volume and is known for its excellent product quality and exceptional service. The franchise supplies and delivers the food products to the business location, reducing the time and labor cost to the operator, which results in a higher net cash flow. The 1,800 square foot facility is conveniently located within a very busy commercial mall that demands this service. This location offers a full menu, seating for 20 customers, and quick service for take-out orders. The state of the art equipment is only 5 years old, and in excellent working condition. The business produces a gross income of $598,000, a consistent net return to the owner and franchise approval is required.

Property information

Real Estate:

Lease

Location:

Located in an upscale and highly populated urban area of Northern NJ, the business is in a highly trafficked commercial mall with a huge number of daily shoppers and workers. The facility is ultra modern with a state of the art image, 1,800 square feet with a clean attractive appearance in a large commercial mall. The facility has a full stage kitchen for fast food service and a large rear prep area. The sale includes the franchise rights, a full commercial kitchen and prep area, tables & chairs, POS & phone system, etc.

Other information

Expansion potential:

With continued service and food quality, this business can be further improved with on site owner management.

Competition / Market:

No other competitive Bagel food franchises are in this particular area.

Support & training:

Seller will supply a transitional period to new operator & remain post closing 30 days.

Reasons for selling:

Absentee owner with alternative food businesses out of this general area.

Financing available:

Some owner financing is available to a qualified buyer.

Furniture / Fixtures value:

$175,000 (included in the asking price)

Inventory / Stock value:

$1,500 (included in the asking price)