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This Business has been Sold!
Closing Date: 07/01/2005

Business for Sale Summary

Bagel and Deli Shop - 2968

Business Type: special situations,must sell/drastic price reduction!,bagel stores,retailing businesses,delicatessen/catering services
Sold
Bagel and Deli Shop
On July 1st 2005, The Undersigned
Acted as the Advisor to the Deal
Marie Goldstein
Marie Goldstein Senior Broker
Servicing: This Broker is Servicing All of CT, ME, NC, NH, NJ, NY, OH and PA
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 $119,000 Down Payment $70,000
Gross Revenues $276,000 Lease Remaining Register Free to View
Owner’s Cash Flow $67,000 Number of FT Employees Register Free to View

Financing

$70,000 Down and 49,000 @ 8% over 36 months

Business Description

Bagel and deli shop located in retail strip on heavily traveled road. Open 7 days a week from 6-4, they offer a wide variety of bagels and coffees as well as a complete line of deli products for the lunch crowd. Very neat and attractive store with seating for 20 people, this business has been around for 7 years and has several "sister" stores in the area. OPPORTUNITIES include staying open later and building the wholesale side of the business. Seller offering attractive financing and will stay on to train/ensure that store remains successful. Excellent lease with 5 years left plus two 5 year renewal options.

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.