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Listing Broker Information
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David P Celona
Managing Partner
David Celona is a Sr Business Broker and Commercial Funding Specialist with more than twenty five years experience in Business Acquisitions and / or the related Commercial Financing. Mr Celona is a former Independant Business Consultant for Financial
Institutions as well as for Business and Industrial clients
in The US. As a devoted advocate of Small Business he has provided Commercial Funding, Business Acquisition and Consulting Services for businesses across a broad spectrum of industries, as well as providing Pro bono Business Consulting Services for small business owners. He is a former Senior Vice President and Manager of The Lending Division at a Regional Financial Institution. And he has owned, operated and sold several businesses. Mr Celona has held various positions as Director of Marketing; Director of Business Operations; and Director of Finance with middle market companies located in Pennsylvania, New Jersey,
Rhode Island and Massachussetts
He is a Member of The International Business Brokers Association (IBBA) and The American Business Brokers Association (ABBA).
email:
davidcelona@EnterpriseBusinessExchange.com
phone: (609) 345-7474 / Direct: (609) 214-1441
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 Contact Information |
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BusinessesFor Sale
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Listing Information |
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| Bagal Bakery / Store |
| Listing ID: 68-2121 |
Location: Philadelphia Area |
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Brief:
This is an award winning Bagel Bakery that produces bagels from scratch. It has an excellent reputation and a huge amount of untapped potential.
It is one of the top rated Bagel Stores in the entire Philadelphia Area. They use only all natural ingredients.
No preservatives. No un-natural additives. This bakery is pretty much a one man show with well kept Secret
Recipes and Bagel Baking Processes.
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| Listed Price: |
$75,000 |
| Total Sales: |
$170,000.00 |
| Seller's Discretionary Earnings: |
$70,000.00 |
| Fixtures Furniture, & Equipment: |
$25,000.00 (Included in Listing Price)
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| Real Estate: |
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| Inventory: |
$1,000.00 (Included in Listing Price) |
| Financing / Terms: |
Owner will consider some financing. |
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Business Information |
| Year Established: |
1988 |
| Number of Employees: |
1 Full Time / 1 Part Time |
| Days and Hours of Operation: |
Tues thru Sunday 6:00 AM to 1:PM Closed on Monday |
| Relocatable: |
Yes |
| Franchise Information: |
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| Facilities / Location: |
This Bagel Bakery and Coffee Shop is
operated out of a 1200 sq. ft. leased store front in a strip store, located in a high traffic area. |
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Lease Information |
| Lease Expiration Date: |
3/15/2010 |
| Option: |
3 year option |
| Monthly Rent: |
$2,519.00 |
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| Additional Information |
| Reason for Selling: |
Owner retirement |
| Business Description: |
This Bakery is operated primarily as a retail store with strong repeat sales.
It is well known throughout the Philadelphia Area for its Award Winning Bagels. Its bagels were voted the best of Philly in 1999 and they won the Fox Ranking as one of the "Top 5 Bagel Bakeries" in 2008. The owner has focused his efforts on producing high quality bagels. While his repeat business is strong, there is no other form of advertising. It is a high quality retail bagel bakery and coffee shop, operated as a one man business. Their reputation for producing award winning bagels is well known throughout
the Tri-state area. |
| Potential for Growth: |
There is no serious competition for this company within a five mile radius. Also, they have a huge potential for growth. A Marketing Plan that includes a mechanism for wholesale distribution will have a dramatic effect on both sales and profits. The addition of a Web Site and an internet based marketing component will serve to create a strong internet presence and have a positive impact on the companies bottom line. Today, annual revenues consist of 90% Retail Sales and 10% of Wholesale business. There is a huge untapped Wholesale Market waiting to be exploited by the new owner. The Bakery consistently runs at less than 50% of its capacity allowing more than ample room for expansion. |
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