Bagel Shop & Cafe

File# C2525
Location: Troy
Business Price: $115,000
Down Payment: $50,000
Monthly Payment:$1,256.64
Interest Rate: 6%
Amortization Period:60 Months
Gross Sales: $636,171
Source: 2018 Profit & Loss
Cash Flow: TBD
Source:
Inventory: $7,000 +/-
Days Open: 6 (closed Sunday)
Business Hours: 6am-2pm, Saturday 7am-1pm
Seats: 20
Parking: Ample
Licences Required:Health Dept
Year Established:1998
Year Acquired: 2017
Monthly Rent:$5,000 NNN (Total $7,114.28 per month)

Profile:

This is your opportunity to own an established bagel shop doing $630,000 + in sales annually. Perfect for a 2 person (husband & wife) team or experienced baker. Simple operation and limited hours serving bagels, breakfast, lunch, sandwiches, muffins, cookies and salads. 13 bagels sell for $9.75 and more than 25 varieties to chose from. This shop has limited hours and closes each day by 2 pm. Staff includes a full time baker bringing 10 years of experience. This shop is in amazing condition and has been a solid, consistent business for 20 years. Strategically located in a strip center on 2 major roads in Oakland county, it has key visibility. Current staff is capable of stepping up to run day to day operations with the right training. Offering catering and delivery. Call to make an appointment today.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.