This is a great opportunity to own a high volume bagel shop in Oakland County, Michigan. All bagels and cream cheese are made in house and the shop has over 60 daily and weekly accounts, including: schools, gas stations, grocery markets and churches. The shop also sells coffee and cappuccinos but is mainly focused on bagel accounts, so there is room to grow the coffee business by possibly getting a franchise coffee. If you are interested in this property please contact Nadir Jiddou for showings.
Profitable Business with Room for Growth
Gross Revenue: $415,000
Inventory: $15,000 (not included in asking price)
Lease Rate: N/A
Inventory: Not included in asking price
Real Estate: Leased
Building SF: 1,700
Facilities: 1,700 SF building with all the necessary equipment
Financing: $100,000 down payment, balance amortized over 60 months at 8% interest
Employees: 2 FT / 6 PT
Support & Training: Seller will train for 14 days at no additional charge. Seller is willing to stay longer if needed.
Growth & Expansion: Current owner does NOT advertise; new owner could easily increase business by advertising to local businesses & residents.
Competition: Well established in the area it is located in.