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Bagel Shop for Sale in Margate, Florida – Net of $115,000 in 2021

Breakfast and Lunch Bagel Shop for Sale in Broward County. Florida provides a great income with limited hours for an Owner/Operator. Best Lease in South Florida will transfer.
 
This bagel shop for sale, offered by the restaurant brokers, has been operating under the same name for 27 years. Current ownership has been in place since 2005. The owner is retiring and is ready to make a deal. Gross sales are consistently more than $400,000 annually and the owner/operator takes home more than $100,000 yearly. In 2021 net to owner was $115,000. This restaurant offers dine-in services and pick-up. Add delivery through third party services or your own and increase sales and profits. The restaurant has little internet presence. No website, limited social media. Build or have someone build a website, use the facebook page to advertise specials and special events, and bring in a new customer base.
 
The breakfast/lunch bagel shop for sale by We Sell Restaurants is located within a popular shopping center in Broward County. The shopping center has just under 150,000 square feet of retail space. Anchored by a grocery store and a big box retailer, the shopping center is home to restaurants, retail, and service providers. The average daily traffic count is 51,500 vehicles. The three-mile radius population is 160,466 with an average household income of $69,508. The restaurant occupies 2,000 square feet and seats 85 guests. The monthly rent is only $3,418 per month including a CAMS and taxes. The lease expires on May 31, 2025, and there are two five-year options attached. This opportunity is too good to pass up.
 
The hours of operation of this breakfast and lunch bagel shop allows you to balance work and family. Open seven days per week but closing at 2:30 pm each day (2 pm on Sunday). This will allow you to be home with you family every night. You can open in the evening to increase sales and profits.
 
The menu is a customer pleaser. The breakfast menu features all your favorites. Eggs, omelets, bagels and cream cheese, nova, pancakes, waffles, and much more. Lunch menu has deli sandwiches, burgers, salads, desserts, and more. The owner is the cook and will transfer all recipes with sale and will train for two weeks at no additional cost.
 
The restaurants kitchen is fully equipped and set up with efficiency in mind. The exhaust hood is nine feet long and the grease trap is in ground. Under the hood sits a combo flat top grill, four-eye burner with two ovens and a fryer. The refrigeration is commercial grade. The front of house has a nostalgic feel and seats 85 guests.
 

This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

Please click on the tab below to easily acknowledge confidentiality on this Bagel Shop for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Ken Eisenband at (561) 350-3365

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 8605
  • Price: $250000
  • Location: Margate

Lease Term: May 31, 2025 + 5 Year Option

Monthly Rent: $3418,

Indoor Seating: 85

Inside Sq. Ft: 2000,

Hood System: Yes

Neighboring Businesses: Grocery Store, Big Box Retailer, Restaurants, Retail, Service Providers

Hours Open: Monday-Saturday 7am-2:30pm Sunday 7:30am-2pm

# of Part-Time Employees: 6

# of Full-Time Employees: 0

Net Sales: $424465.00

Owner Benefit: $102003

Features

  • Bagel Shop for Sale in Broward County, Florida nets six figures for owner/operator
  • More than twenty five years of goodwill
  • Sales and Profits are achieved with no delivery services or web presence, huge growth potential
  • Fully Equipped Commercial Kitchen has it all - nine foot hood, inground grease trap, and more
  • Great long term lease in place with minimal rent increases from year to year.
  • Owner Operator will train for two weeks at no additional cost
  • All recipes will transfer with sale
  • Bagel Shop for Sale
Bagel Shop for Sale in Margate, Florida – Net of $115,000 in 2021

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