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North Jersey Bagel Store And Deli For Sale

Northern New Jersey, New Jersey
Asking Price:
$550,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$650,000 (USD)
Cash Flow:
$240,000 (USD)

A Charming Family owned Gourmet Bagel Store and Deli which has served the community for 21 years with a loyal and dedicated customer base. Owner operated for over 21 years and is ready to retire. Brand new 3 year lease with a 5 year option. Newly Renovated Strip Mall and located across from Major High ways and Train Station. Asking for 3 x Net and have very well documented Books details Revenue as well as a 2016 P/L Statement. Asking $550,000. Only serious and qualified buyers please.

Property information

Real Estate:

Lease

Lease Terms:

3 Years with a 5 Year option. With No direct competition Clause

Leasehold Rent:

2500 a Month per annum

Location:

Northern NJ

Premises Details:

A Newly Renovated Strip Mall located next to Major Highways and a Train Station

Size in square feet:
1,300

Business Operation

Competition / Market:

A No Competition Clause is the lease

Reasons for selling:

Retirement after 21 years of Business

Trading hours:

3am-2pm 7 Days a week

Employees:
8
Years established:
1995

Other Information

Support & training:

3 Month

Furniture / Fixtures value:
$60,000 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD) - included in the asking price

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