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Business for Sale Summary

Established Bagel & Deli Shop for Sale - 36867

Business Type: absentee business,delicatessen/catering services,other eating & drinking places,other food stores,owner financing available,sandwich shops,bagel stores
Owner Financing
Established Bagel & Deli Shop for Sale
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This business has received 68 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $495,000 Down Payment $350,000
Gross Revenues $760,000 Lease Remaining Register Free to View
Owner’s Cash Flow $173,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and $145K over 4 yrs. @ 7.5%

Business Description

Well Established Bagel & Deli in Major Shopping Ctr. Price Reduced! This is a fully equipped store in a major shopping center with over 30 tenants. The shopping center has virtually no vacancies and parking for well over 200 cars. This store has the best online reviews in town! Everything is made on-site. The store is fully equipped with a bagel extruder, mixer, 2 proof boxes, a rack oven, hood, grill, fryers freezers, walk-in and more. In the past year the business grossed approx. $760,000.00 with an owner's cash flow of approx. $173,00.00. The seller keeps records of all sales. The owner works here part-time as he has another job. There is a full-staff in place including a baker, cook and counter staff. 3FT and 3PT. The store is 2,000 sq. ft. with a full kitchen. There are 7 years left on the current lease with a 7 year option. The rent is $6,100/mth. This is a very fair rent for this high traffic area. This store is spotless. It must be seen to be appreciated. Hours are M-F 6am-2:30pm, Sat & Sun 6:30am-2pm. We are seeking a serious and financially qualified buyer with at least $350,000 in liquid funds to cover the down payment. You MUST have good credit for landlord approval! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only, only after providing proof of liquid funds!

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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.