Xumelu's Bagel Shop: For Sale or Kitchen Manager Partner
Xumelu's Bagel Shop: For Sale or Kitchen Manager Partner
1200 sf new Bagel shop is ready to open in prime strip center location in western suburb of Phillie. No competitors nearby. 45 days to open once current outfitting is completed. This last outfitting now on hold. Plans and details available. Building permit and health dept permitss already ok'd. Willing to complete shop outfitting before sale closing date: Can open by Jan 1. Favorable 3 year lease is intact. Credit approval by landlord may be required on lease. Will sell outright or add experienced store manager partner to existing subS corporation for a price.
Location
Country: | USA |
State or Province: | PA |
City: | Trappe |
Location Zip or Postal Code: | 19426 |
Listing Information
Service Type: | Counter Service/Fast Casual, Catering |
Title of Listing: | Xumelu's Bagel Shop: For Sale or Kitchen Manager Partner |
Year Established: | 2017 |
Number of Locations: | 1 |
Number of Seats: | Less than 50 |
Size: | 1200, Square Feet |
Patio: | Yes |
Number of Employees: | Less than 10 |
Hours of Operation: | 6am - 2pm Tues-Sun. |
Links
Website: | xumelusbagels.com |
Financial Details
Asking Price: | $negotiable |
Gross Revenue: | Yet to open |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Over $300,000 |
SDE (Sellers Discretionary Earnings): | $Sub S partnership distribution |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment): | 75000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Asset or Share Sale: | Flexible |
Real Estate Owned or Leased: | Leased |
Lease Term Remaining: | 3 years |
Total Monthly Rent: | $1450 + 475 common areas |
Financial Comments (include any Financing information that may be useful): | Owner financed startup. |
Investor or Partnership Details
Seeking Active Partner or Silent Partner or Negotiable: | Negotiable |
Percentage ownership available: | Negotiable |
Contact Listing Owner
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