Asking Price: $810,000

Gross Revenue: $1,200,000

Cash Flow: $248,000

Inventory: $10,000 (Not Included in Asking Price)

FF&E: $225,000 (Included in Asking Price)

Seller Financing: Seller will consider financing under right conditions.

This growing and profitable business represents a terrific opportunity for a new owner. It is one of the top, if not the top, bagel bakeries in the area. This is a result of high volume, superb product quality and an excellent location. Because it easily surpassed break even levels, it is also highly profitable. New growth opportunities are already identified and will soon become reality. A buyer who understands the food business or is willing to learn can purchase a turn key business that will provide them with a terrific financial opportunity. All the right equipment is in place. The location will allow for the anticipated growth. The seller will provide the training necessary to a new owner so that his success can be carried forward. The business is priced at $810,000 plus inventory ($10,000). A buyer investment of $200,000 is required along with outside financing to complete the transaction.

Year Established: 2000

Employees: 8 full time - 15 part time

Facilities: The business operates from a 2600 square foot leased facility. Parking is plentiful. It is located on a high traffic road in a commercial neighborhood. Lease terms are consistent with the area.

Market Outlook and Competition: The business operates from a 2600 square foot leased facility. Parking is plentiful. It is located on a high traffic road in a commercial neighborhood. Lease terms are consistent with the area. Areas for growth include1-Add a hot “Quizno’s” style sandwich with home baked hoagie rolls into the menu. 2-Add more pastries into the bake. 3-Open other local outlets. 4-Increase the bake and sell to other distant food establishments that would not compete. 5-Increase the wholesale aspect of the business.

Management Training and Support: Seller has a very capable staff that will provide the operations training. The seller will provide an appropriate amount of training depending on the requirements of the buyer.

Reason For Selling: Seller intends to move to the South.