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Business for Sale Summary [Non-Confidential]

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Suffolk County, NY

Business Type: seller financing available,special situations,best deals!,bagel stores,new to market,retailing businesses,bakers & confectioners,delicatessen/catering services,other eating & drinking places,other food stores,restaurant/ cafes,misc. retail/non-classifiable

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Non-Confidencial Financial Infomation

  • Asking Price

    $60,000.00

  • Gross Revenues

    $269,963.00

  • Financing

    $ 60,000.00 Down and Possible. Owner will entertain any reasonable offer.

  • Owner's Cash Flow

    $76,274.00

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Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

Great Bagel Store with Low Rent. Currently Closed for the season. This store is in a picturesque Hamptons community. The store is 1200 sq. ft. with a rent of only $2,300/mth. (inc. taxes and CAM). There are 7 years left on the lease. It is a satellite store. This means that no baking is actually done there. All items come prebaked from a nearby supplier. This is ideal for a buyer with limited experience looking to buy their first store. The seller is happy to stay on for a transition period to show you how to do everything. This store can be modified into more of a cafe/deli as well. Hours can be extended. Right now they are open 7 days, from 6am-2pm in the Winter. In 2010, the store grossed approx. $275,000.00 with a Net Income of $76,274.00. We are looking for serious buyers only! Experience is not necessary. You must have at least $90K in liquid capital. If you met these qualifications, call or email Mel Vaz today at 631-909-1095 or mvaz@vestedbb.com.

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