Bagel and Coffee Shop - 3563 Business Type: absentee business,bagel stores,delicatessen/catering services
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $125,000 | Down Payment | $75,000 |
| Gross Revenues | $500,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $146,500 | Number of FT Employees | Register Free to View |
Financing
$75,000 Down and negotiable
Business Description
Bagel and coffee shop focusing on breakfast/lunch. Fun, innovative, upscale branding built around fresh-baked bagels, baked goods and small-batch, fresh-roasted coffees. Great lease, location, and excellent financing. In 2004 did over $425k in sales, and on pace to grow to over $500k in 2005. CURRENTLY RUN ABSENTEE-COULD REDUCE PAYROLL BY $30k, ADDING TO NET (up to $175k!!!) Staff emphasizes an approachable, neighborhood feel, with superior friendly service. Baked goods delivered daily to stores & wholesale accounts. Over 24,000 cars pass by daily. Last water-process bagel bakery in SE Connecticut. 30-40% additional production capacity available. Have already established relationship with strong regional dough supplier. Neighborhood construction completed with tons of new traffic flow to new shopping center. $$Now Hiring Brokers in CT, call 1-877-735-5224!!!
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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