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This Business has been Sold!
Closing Date: 05/04/2023
Broker: Jim Aloi
Business for Sale Summary

Hi Volume Bagel Deli - 35277

Business Type: bakers & confectioners,catering and event planning,delicatessen/catering services,owner financing available,bagel stores
Sold
Hi Volume Bagel Deli
On May 4th 2023, The Undersigned
Acted as the Advisor to the Deal
Jim Aloi
Jim Aloi Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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 $1,200,000 Down Payment $700,000
Gross Revenues $1,800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $400,000 Number of FT Employees Register Free to View

Financing

$700,000 Down and $500,000 for 5 years @7%

Business Description

Extremely busy high-volume bagel deli. We established almost 20 years located in a busy shopping center with a 10 year lease. This store was updated including new electric and plumbing service, new menu boards, updated equipment and too many extras to list. This bagel store should net you over 5 million plus dollars if business stays around what it's doing now. Seller will train and have a full staff and POS System in place. Seller will hold a note for the right buyer. Contact broker Jim Aloi for a meeting. Note this store has solid customer & catering clients. Seller is too busy with a professional job and other obligations to keep this gold mine store................not many like this one.

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.