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#4148
Goodyear

Profitable Bagel Shop With Good Following and Long History

$179,000
Sold
Profitable Bagel Shop With Good Following and Long History
This Listing is Sold

Good bagel shops are hard to come by particularly when trying to find a successful one to buy, not to mention one where you can enjoy a sofy spongy NY style bagel with lox and cream cheese.  

What makes this business so attractive is a few things: (1) there is excess bagel capacity to make up to 240 dozen bagels a day. (2) there is no compettion within miles and there won't be for years to come, (3) the area is growing rapidly and it is one of the nicer upscale commiunities in the westside. 

The store grosses about $40,000 a month, with sales at $480,000 in 2014 with about $78,000 of owner cash flow.   

EMPLOYEES: The business has 2 full time employees plus one full time Owner and one part time owner. 

THE FACILITY: There is 1,287 Sq. Ft. and an outside patio seating perhaps a dozen people.  The rent is $3,329 that includes the NNN/CAM. 

Go to www.sellingrestaurants.com and sign the digital NDA to get the name and address of this business. 

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Goodyear
Lease Term:
Expires June 2015 w/2 Five Year Options
Total Monthly Rent:
$3,683
Security Deposit:
$3,000

Financials

Last Year's Annual Gross:
$488,000
Last Year's Owner's Cash Flow:
$77,500

Operations

Liquor License:
none
# of Full-Time Employees:
2
# of Working Owners:
2
Hours Open:
Mon-Sat 5:30AM - 4PM
Sun. 5:30AM-2PM
Year Established:
2010
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
16
Outdoor Seating:
15
# of Parking Spots:
Major Shopping Center
Inside Sq. Ft.:
1287
Outside Sq. Ft.:
200

Highlights

  • Great Orignal NY Style Bagels! Chewy, Not Like Bread!
  • Bagel Production Facility for Distribution
  • Add Donuts to Grow Business
  • Busy Center
  • Nearly $40,000 a month average sales

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 51,057 93,140
Households 3-mi. 5-mi
2010 Number Of Households 13,341 24,759
2010 Persons Per Household 3.07 3.25
Median House Value $153,300 $132,179
Income Per Household $67,132 $56,768
Businesses 3-mi. 5-mi
2009 Number Of Businesses 631 1,064
2012 Number Of Employees 28,148 43,702
2012 Total Annual Payroll $428,792,000 $680,961,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.


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