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Business for Sale Summary [Non-Confidential]

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Nassau County, NY

Business Type: seller financing available,special situations,must sell/drastic price reduction!,bagel stores,retailing businesses,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

    $120,000.00

  • Gross Revenues

    $575,116.00

  • Financing

    $ 80,000.00 Down and $40K over 3 yrs. for 6%

  • Owner's Cash Flow

    $78,255.00

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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

Well-established bagel store and deli in a high-traffic, South Shore town. For over 20 years this family owned business has been providing quality food and service. They use a rack oven and extruder to make the bagels. This is a spacious 2,400 sq. ft. store with 10 years remaining on the lease with only 3% rent increases. Rent is very negotiable with the landlord. The parking lot can hold over 75 cars. They are selling after 20 years due a family/partnership dispute. In 2010, this business grossed approx. $624,000.00 with a Net of approx. $78,000.00. You will not find a cleaner store. There are many opportunities to grow this business beyond where it stands today. We are looking for serious buyer only! The ideal candidate must have some bagel or deli experience. If you meet these qualifications, call Mel Vaz today at 631-909-1095.

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