Business Summary:
The easy –to-operate cafe is an independent bagel shop, unaffiliated with any chains or franchises. Their wide variety of New York-style bagels, along with the cream cheese, is made fresh, from scratch, every day. Thje bagels are available by themselves or as a wide range of breakfast and lunch sandwiches. The interior and exterior are nicely decorated.
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| Year
Business was Established: 1999 |
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| Number of Employees:
2/FT/3PT |
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| Facilities / Terms of Lease:
The shopping center is in a residential area, with some professional office buildings nearby. It is anchored by a major tenant and many other popular businesses. The café operates in a 2,000 square foot, bright and nicely decorated retail space. If the new owner wished to add his or her personal touch to the décor, that could readily be done. There are 6 years remaining on the Lease and more renewal term can be negotiated with Landlord. Much of the trade is takeout, although there is indoor seating, and outdoor seating when weather permits. |
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| Potential
Growth/Expansion:
· In addition to food sold on premises, this cafe also does catering for nearby commercial and civic organizations. The owners believe that one of the greatest growth opportunities lies in expanding the catering operations.
· A new owner may choose to add a full breakfast menu or a diner type of menu to this business. As evidenced by many lunch and dinner type of restaurants in this center, there is much traffic by restaurant goers. None of the current food establishments offer full service breakfasts.
· A new owner may consider increasing revenue by turning the old bagels into bagel chips or packaging them to sell as day-old bagels as found in some other bagel shops (in a fashion that won’t cannibalize the sales of fresh bagels). |
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| Competition:
: This center consists of many popular restaurants, both independently owned and franchised. However, there is not another restaurant that serves breakfasts or bagels, except for the infrequent one or two bagel choices that may be offered occasionally at Starbucks. In one sense, the presence of these other restaurants is an advantage to the Seller, in the same way that automobile dealerships tend to cluster in given areas. A “critical mass” of eating establishments brings in a large volume of customers, who then are exposed to the unique offerings of this restaurant. |
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| Owner
willing to finance:
Broker can assist with outside financing |
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| Owner
willing to train:
yes |
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| Reason for selling:
The owners are a married couple with a young son. The wife has been the principal operator of the restaurant, while the husband has been largely occupied with his full-time job that requires frequent travel. After operating the restaurant for two years, t |
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| This business is Internet Based.
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Seller Reference Number: B100
BusinessMart.com Listing Number: 58024 |
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