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Property profile & analytics
OFF-MARKET
Office Spaces

501 Rte 9th 9 Waretown, NJ 08758-1743

2,832 SF Built 2000
Entity Owned 3-yr Hold Free & Clear
Property ID
US59-2426445
Property summary
AI-generated overview

This exceptional business opportunity presents a chance to acquire a highly successful Joe's Bagel & Grill franchise, ideally situated on Route 9 in Waretown, New Jersey. Established only 1.5 years ago, this turnkey operation is immediately profitable and requires no additional capital investment. The franchise is housed in an impeccably maintained space and enjoys a prime location, attracting a loyal customer base of both locals and tourists. The menu features freshly baked bagels, gourmet sandwiches, and specialty coffee, contributing to its popularity. This represents a significant advantage over starting a new franchise, which typically involves startup costs ranging from $218,000 to $434,000. This established business is offered at the significantly reduced price of $189,000, making it an attractive investment for aspiring entrepreneurs. The property sits on a 1.16-acre lot, providing ample space for the existing operation. This is a rare opportunity to acquire a profitable, established business within a well-known brand, minimizing the risks and costs associated with new ventures. The seamless transition ensures a smooth handover, allowing for immediate revenue generation. Don't miss this chance to own a thriving business in a desirable location.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 2000
Total area 2,832 SF
Zoning code TCMX
APN 21 00041-0000-00036- 01-C09
UPID US59-2426445
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Harjinder Bedi M.D. Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Djl3 LLC · 3 yrs held
Djl3 LLC
since 2022
2 recorded transactions
2022
Price N/A
2017
Price N/A
Zoning & alternative use
TCMX · Waretown, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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