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This Business has been Sold!
Closing Date: 05/05/2014
Business for Sale Summary

Bagel and Coffee Shop - Opportunity Sale - 23538

Business Type: other eating & drinking places,other food stores,restaurant/ cafes/ diners,bagel stores
Bagel and Coffee Shop - Opportunity Sale
On May 5th 2014, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of MA
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.

Financial Information (non-confidential)

General Information
Asking Price $69,000 Down Payment $69,000
Gross Revenues $231,400 Lease Remaining Register Free to View
Owner’s Cash Flow $74,064 Number of FT Employees Register Free to View


$69,000 Down and Best Reasonable Offer

Business Description

OPPORTUNITY SALE! South Shore Bagel and Coffee Shop in Busy Area. The store has a rent of only $2,400/mth. There are 5 years left on the lease with an option to renew. This is ideal for a buyer with limited experience looking to buy their first store. Bagels can be made on site, if desired. 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-3pm . The store currently grosses an avg. of $4K - $5K/wk. We are looking for serious buyers only! Experience is not necessary. You must have at least $70K in liquid capital. If you met these qualifications, call or email Mel Vaz today at 1-877-735-5224 or mvaz@vestedbb.com.

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.