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Bagel Bakery & Deli

Location: Brunswick County, NC

ID: (#200710)

200710
Price:$549,000
Revenue:$1,120,000
Cash Flow:$250,000
FF&E (Assets):$91,000
Inventory:$5,000
Real Estate:$0

Overview

This is an established, profitable Bagel Bakery & Deli located in Brunswick County, NC.
The wide variety of New York Style bagels are made from scratch on premises and baked fresh daily.
In addition to in-store sales, the business also operates a regional wholesale distribution network with ample opportunity for expansion.
At full operating capacity the restaurant seats 60 inside and about 35 outside on a brand new large wooden deck. Large portion of sales is take-out.
Business is year-round, has been stable and growing during Covid and is now heading into a strong summer season.
Manager in place, current owner is removing himself from day to day operation.

Details

Reason for Selling:

Retirement

Established:

2012

Employees:

14

Furniture, Fixtures, and Equipment (FF&E):

All kitchen equipment as well as all restaurant outfit are included in the asking price.

Facilities:

Leased to buyer with long term lease, purchase of property an option with right of first refusal.

Competition:

Very limited competition. Busy year round with strong summer season.

Opportunities for Growth:

Brunswick County Beaches, where business is located, is rapidly growing in population which will bring natural growth of the business. The wholesale operation has ample opportunity for expansion. Additional marketing and online ordering are other possibilities to drive growth.

Support and Training

The seller will provide training as needed and is open to remain involved in helping to expand the wholesale operation.

Broker Contact Information

  • Regina Fisher
  • North Carolina - Wilmington
  • (910) 520-0737 Mobile
  • (910) 520-0737 Office
  • (208) 248-5610 Fax
  • By Appointment Only
  • NC #282486
  • North Carolina - Wilmington
  • By Appointment Only
  • 1314 Culbreth Dr
  • Wilmington, North Carolina 28405
  • Real Estate Broker: NC #282486