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Business for Sale Summary

High Volume Bagel Store for Sale in New York - 36290

Business Type: absentee business,bakers & confectioners,catering and event planning,delicatessen/catering services,owner financing available,bagel stores
Owner Financing
High Volume Bagel Store for Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $695,000 Down Payment $595,000
Gross Revenues $1,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $190,000 Number of FT Employees Register Free to View

Financing

$595,000 Down and $100,000 for 5 years @ 8%

Business Description

Beautiful Bagel Deli Cafe is situated near the future site of hundreds of new condos, presenting a unique growth opportunity. This well-built store, currently open for limited hours, has significant potential. The seller is 100% absentee, with an expensive build-out and a 15-year lease at below-market rent. Once construction in the area is complete, the store can potentially double its current gross and net earnings. A hands-on owner could further increase net profit by reducing food costs and expenses. For more details, contact broker Jim Aloi at 631-375-4100. This is a must-see to appreciate its full potential.

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