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Business for Sale Summary

Gorgeous Bagel Store in Bronx County, NY - 32668

Business Type: bakers & confectioners,delicatessen/catering services,misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners,seller financing available,bagel stores
Gorgeous Bagel Store in Bronx County, NY
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Financial Information (non-confidential)

General Information
Asking Price $450,000 Down Payment $300,000
Gross Revenues $562,500 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$300,000 Down and $150K over terms TBD.

Business Description

Gorgeous Bagel Store in densely populated area of the Bronx. The location must been seen to be appreciated. It was built from scratch by the current owner will all high end finishes. This business is surrounded by hospitals, businesses and residential apartments and homes. They offer bagels, sandwiches, breakfast & lunch bowls, froyo, Acai bowls, fruit, smoothies and so much more. They have been steadily growing since they opened and currently average approx. $10-11K/wk in sales. They have a 19 year lease with a rent of $8,200/mth for a spacious 1,900 sf. store with a private parking lot. They are open M-F 6am-5pm and Sat & Sun 6am-3pm. The owners are selling as one of them has retired and the other partner has a full-time job. This is ideal for an owner-operator, family or someone with multiple stores and experience in the industry. We are seeking a serious and financially qualified buyer with at least $300K in liquid funds to cover the down payment and $24K in inventory. The price is negotiable for a cash buyer who can move quickly. To learn more, please call or email Mel Vaz today at 631-909-1095 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!

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.

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.