501 Rte 9th 9 Waretown, NJ 08758-1743
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.
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Harjinder Bedi M.D. Pediatrician Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
TCMX · Waretown, NJCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.