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Business for Sale Summary

Bagel Shop/Deli - 30031

Business Type: other eating & drinking places,other food stores,restaurant/ cafes,best deals!,new to market,seller financing available,bagel stores
Bagel Shop/Deli
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Financial Information (non-confidential)

General Information
Asking Price $699,000 Down Payment $549,000
Gross Revenues $1,092,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$549,000 Down and $150,000.00 over 24 months at 6%.

Business Description

Established for 3 years, this beautiful and spacious Bagel Shop Deli has seen its sales and profits grow every year, as the neighborhood it's in continues to gentrify. The store now averages $21K/week in gross sales or $1,092,000/year. Internet and phone delivery orders now account for 30% of sales and are on the rise. A new owner would be well-advised to make catering a much bigger part of the revenue mix. There are 11 years left on the lease, which only runs $6,700/month for 1,500 square feet on a main avenue with another 1,500 square feet in the basement, which is put to very good use. Please upgrade to premium membership to obtain the name and address. Please call 1-877-735-5224 for further information and to make an appointment to meet with the seller.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.