Awesome Bagel Store - 18498 Business Type: owner financing available,bagel stores,bakers & confectioners,delicatessen/catering services,other eating & drinking places,other food stores,restaurant/ cafes/ diners,misc. retail/non-classifiable
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $375,000 | Down Payment | $375,000 |
| Gross Revenues | $512,551 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $138,583 | Number of FT Employees | Register Free to View |
Financing
$375,000 Down and None
Business Description
Very well established bagel store on the South Shore of Suffolk County. This store was originally started by the current owner 11 years ago. They use a rack and kettle to make the bagels. This is seating for 16 in a spacious 1,800 sq. ft. store with 10 years remaining on the lease and only 3% rent increases. There are 2 major anchor tenants and the parking lot can hold over 200 cars. In 2010, this business grossed approx. $526,514.00 with a Net of approx. $138,000.00. You will not find a cleaner store. There are many opportunities to grow this business beyond where it stands today. The owner has eliminated the wholesale business. There is no delivery. Hours can be extended. The deli business can be expanded here as well. We are looking for serious buyers only! The ideal candidate must have some bagel or deli experience and at least $250K in liquid capital for a downpayment. If you meet these qualifications, call or email Mel Vaz today at 631-909-1095 or mvaz@vestedbb.com.
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.
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