# Established Bagel Shop | Turnkey Operation

**Asking Price: $300,000**

## Business Overview

Established in **2018**, this profitable bagel shop has built a strong and loyal customer base and presents a turnkey opportunity for a buyer seeking an established food-service operation.

The business specializes in **fresh, in-house made bagels** and is fully equipped for continued operations. It operates **7 days a week** and generates revenue through multiple channels, including in-store sales, online ordering, and third-party delivery platforms.

## Financial Highlights

* **Annual Gross Sales:** Approximately $600,000
* **Annual Net Profit:** Approximately $120,000
* **Net Profit Margin:** Approximately 20%
* **Owner Compensation:** Approximately $5,000 per month
* **Rent:** Approximately $4,000 per month, including taxes

## Lease

* Approximately **4 years remaining** on the current lease
* Seller is willing to assist the buyer in securing a **new 10-year lease**

## Operations

The business is currently operated on an **absentee basis**, providing the owner with the ability to oversee the operation remotely.

Current owner responsibilities include:

* Payroll oversight
* Employee scheduling
* Online ordering management
* General operational oversight

This structure provides flexibility for an owner who does not wish to be involved in the business on a full-time basis.

## Employees

The business currently operates with **two employees**:

* One employee is highly experienced and knowledgeable about the day-to-day operation
* Employees are expected to remain with the business following the sale
* All employees are paid through **W-2 payroll**
* Weekly payroll is approximately **$800–$1,000**

## Revenue Channels

The business benefits from a diversified sales structure, including:

* In-store sales
* Online ordering
* Grubhub
* DoorDash
* Uber Eats

## Equipment & Assets

The sale includes a **complete equipment package and bagel production setup**, providing the buyer with the assets necessary to continue operations immediately following closing.

## Operating Expenses

Approximate monthly utilities include:

* **Electric:** $1,200–$1,500
* **Gas:** $500–$900
* **Water:** Approximately $300 every three months

## Investment Highlights

* Established business operating since **2018**
* Approximately **$600,000 in annual gross sales**
* Approximately **$120,000 in annual net profit**
* Absentee ownership structure
* Experienced employees in place
* Multiple revenue channels
* Fully equipped turnkey operation
* Established customer base
* Seller willing to assist with a new **10-year lease**
* Additional growth potential through **marketing, catering, expanded delivery, and increased sales channels**

## Opportunity

This established bagel shop offers a buyer the opportunity to acquire a **profitable, turnkey food-service business with an existing customer base, experienced employees, multiple revenue streams, and an absentee-friendly operating structure**.

With additional marketing, catering initiatives, and expanded sales channels, there is potential to further develop the business beyond its current operations.