Beloved Dallas Bagel Shop Concept For Sale
Asking Price: | $750,000 |
Gross Revenue: | $1,500,000 |
EBITDA: | $280,000 |
Cash Flow: | $280,000 |
Rent: | $11,500/Month |
Established Year: | 2021 |
The flagship location of a beloved Dallas bagel concept (not Shug's) is for sale or otherwise seeking a financial partnership. It is a very well known brand in the area, with many awards and news articles written about it. The concept has succeeded in multiple geographies and settings, and the acquisition of this store provides runway to grow the brand throughout DFW and potentially realize franchise opportunities down the line.
The flagship location has undergone a number of changes in the previous months to streamline and simplify operations to handle incremental volume and reduce reliance on previously critical employees.
At this point, the brand needs someone to continue the work of growing regional awareness and getting more customers through the door. The store will benefit from operating leverage given it's high margin profile and fixed cost structure. At this point, incremental sales dollars pass through margin directly to the bottom line, creating an opportunity for someone with strong marketing skills to dramatically increase store level cash flows and contemplate new expansion locations.
The store currently has 2 full-time managers, wages of whose have been added back to achieve the store's cash flow number of $280,000. A single owner-operator could manage the store if desired and earn the full $280,000 or operate with an assistant manager at a lower wage.
The concept partnership is seeking an outright sale but potentially open to a financial partner who has the vision to realize the brand's potential. Transaction value is no less than $750,000.
Please contact me with the contact form to learn more about this opportunity.
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