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Business for Sale Summary

Beautifully Renovated Bagel Store - $16k/wk - 27222

Business Type: retailing businesses,delicatessen/catering services,other eating & drinking places,other food stores,special situations,best deals!,new to market,seller financing available,bagel stores
Owner Financing
Beautifully Renovated Bagel Store - $16k/wk
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Financial Information (non-confidential)

General Information
Asking Price $329,000 Down Payment $200,000
Gross Revenues $766,821 Lease Remaining Register Free to View
Owner’s Cash Flow $120,463 Number of FT Employees Register Free to View

Financing

$200,000 Down and $129K over 3yrs. @ 6%.

Business Description

Beautifully Renovated Bagel Store grossing $16k/wk. This store is located in a large strip mall just off a major roadway in Suffolk County. The owner did a major renovation just 1 year ago. They offer flat screen menus and spacious seating in a 3,500 sq. ft. space. The rent is $8,100/mth. with 9 years left on the lease. The currently average $16K/wk in sales with a total gross of $832,000.00 last year. The net income was approx. $120,000.00 last year. They use rack ovens to make the bagels. There is parking for over 100 cars in the lot. There are many opportunities to grow this business beyond where it stands today. There is no delivery. Hours can be extended. We are looking for serious buyers only! The ideal candidate must have some bagel or deli experience and at least $200K in liquid capital for a downpayment. If you meet these qualifications, please call the broker at 1-877-735-5224. 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.