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Business for Sale

Established Bagel & Deli Shop for Sale
Suffolk County, NY

Listing #36867

   
Financial Information (non-confidential)
Asking Price $475,000.00 Gross Revenues $760,000.00
Down Payment $350,000.00 Owner’s Cash Flow $173,000.00

Financing: $350,000.00 Down and $125K over 4 yrs. @ 7.5%

Reason for Selling:Another job.

Well Established Bagel & Deli in Major Shopping Ctr. Price Reduced! The best bagel store I have seen in years. 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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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.
Melvin L. Vaz
Senior Business Broker
631-909-1095
melvaz@vestedbb.com
Servicing Area:
All of NY
All of NJ
All of CT
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Melvin L. Vaz

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com

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