Tupelo Data Room
Delis & Sandwich Shops
Active

High-Volume Bagel Shop with $180K+ Owner Cash Flow

Narragansett, Washington County, Rhode Island, United States
listing image
Asking Price$425k
Revenue$631k
EBITDA$158k
Cash Flow$158k
Description
Whether you are an owner-operator or a strategic investor looking to build a regional brand, this state-of-the-art Bagel Store offers a stabilized and highly efficient platform. Nestled in a beautiful, high-traffic area, the newly renovated facility is situated in a rapidly growing market with a well-established customer base. The "heavy lifting" of initial market capture and infrastructure building has been completed. The current owners have put in place the staff, operational systems, and production capacity required to handle both current high-volume demand and optional future multi-unit expansion. The business demonstrates strong financial momentum, with 37.7% year-over-year growth and a trajectory toward the $1M revenue milestone. A significant feature of this opportunity is the 17-year low rent agreement already in place, which currently represents a highly efficient 7.2% of sales. Designed to function as a central commissary hub, the facility has the surplus capacity to support up to 7 satellite stores. This opportunity provides a rare combination of immediate, high-six-figure income and a clear path for scalable, long-term growth.
Real Estate
Rent is $4,200 per month
Building Size: 3000 sq. ft.
Furniture Fixtures & Equipment
$350k
Inventory
$6k
Number of EmployeesFull-Time: 3Part-Time: 5
Year Established
2023
Reason Selling
Owner is moving out of state
Facilities & Assets
The facility features a $600,000 state-of-the-art build-out designed for high-volume production. Key assets include a $50,000 Picard Bagel Oven - the industry gold standard—and an $80,000 custom ventilation and hood system. The production line is anchored by an Excellent bagel machine and Moline dough mixer, supported by a premium True refrigeration set up. This over-engineered infrastructure streamlines daily operations for maximum efficiency while providing the built-in capacity to support an expansion.
Support & Training
The owner will provide up to one month of hands-on training to ensure a smooth handover of operations and vendor ties. The experienced staff is committed to staying on, making daily operations easy while supporting future growth. A buyer can step in with confidence, backed by the owner’s guidance and a loyal team ready for seamless expansion.
Market & Competition
The business occupies a dominant market position with virtually no direct competition. The only nearby alternative is a small, limited-service shop two miles away that does not compete on quality or volume. In fact, there is no comparable high-quality bagel competition for hours in any direction. This significant market gap is why the facility was strategically engineered as a centralized hub. It is perfectly positioned to supply smaller satellite stores located 20 to 30 minutes away in every direction, capturing a massive, underserved regional footprint
Growth Opportunities
This location offers an immense growth platform. Strategically positioned with no quality competition for hours, it serves as a high-volume hub designed to support up to 7 satellite stores 20-30 minutes away. The state-of-the-art $600k build-out—including a Picard oven and $80k hood—simplifies daily operations while allowing for easy regional expansion. With 37.7% year-over-year growth, a 17-year low rent, and a turnkey staff in place, a buyer can immediately capture high-six-figure income while scaling the brand across an underserved market.
Financing Options
Seller financing is available.No less then $375K at closing, will hold a note for $50K with a 2 year note at 7% int
Related Categories
Deli for Sale
Business for Sale in Rhode Island
Asking Price$425k