High-Profit, Established Bagel Shop in Booming St. Johns County
Listing Number: 7101-438546
Listing Details
High-Profit, Established Bagel Shop in Booming St. Johns County
Price: $900,000
Location: St. Johns County, Florida
- Down Payment: $900,000
- Sales: $1,062,486
- Seller's Discretionary Earnings: $325,373
- Inventory: $5,000
- Furniture, Fixtures, and Equipment: $75,000
- Rent: $6,300
- Employees:
- Year Established: 7
- Reason for Selling: Retirement
For More Information About This Listing
Treve Kinsey
License # SL3214711
Business Description
Acquire a cornerstone of the community in one of the fastest-growing counties in the United States. This popular, turnkey bagel store has built a reputation for excellence, serving a loyal local customer base with its high-quality, hand-rolled bagels and gourmet spreads. Located in a high-visibility, high-traffic corridor, this business captures both morning commuters and weekend brunch crowds in an area where "Restaurants and Other Eating Places" is the top industry.
Financial Highlights
- Gross Revenue: $1,100,000
- Cash Flow (SDE): $325,000
- Established: 7 years
Business Strengths
- Prime Location: Situated in a high-visibility shopping area with ample parking and strong foot traffic.
- Loyal Customer Base: Deeply rooted in the community with a high rate of repeat business.
- Turnkey Operation: Fully equipped kitchen with recently updated ovens and POS systems.
- Demographic Advantage
St. Johns County is a premier destination for business growth, boasting a highly educated workforce (55.6% with a Bachelor's degree or higher) and a rapidly expanding population of over 334,000 residents. This ensures a steady stream of affluent customers who value quality and community-focused businesses.
Reason for Sale
The current owner is looking to retire creating a rare opportunity for an entrepreneur to step into a profitable, proven concept.
The current owner is looking to retire creating a rare opportunity for an entrepreneur to step into a profitable, proven concept.
Support & Training
The seller is committed to a smooth transition and will provide 2 weeks of training to ensure the new owner’s success.
The seller is committed to a smooth transition and will provide 2 weeks of training to ensure the new owner’s success.
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