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Food

High-Profit Established Bagel Shop

Saint Johns County, FL, USA
Listed 135 days ago
Established 2019

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. Support & Training The seller is committed to a smooth transition and will provide 2 weeks of training to ensure the new owner’s success. Please refer to listing 7101-438546 when inquiring.

Employees

11PT

Lease Terms

Lease Expiration Date October 31, 2028, 9:00:00 PM

Real Estate

Lease

Trading Hours

7am-1pm Tuesday- Sunday

Leasehold Rent

$6,300 per annum

Management Type

This business is owner operated.

Support & Training

Weeks: 2 Cost: $0

Inventory / Stock Value

$5,000 - included in the asking price

Reason for Selling

Retirement

Financials

Asking Price
$900K
RevenueMost Recent Year
$1.1M
Earnings (SDE)Last Reported
$325K
Assets ValueIncluded in Asking Price
$75K
Seller Financing
Not available

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