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Awesome Bagel Store
Suffolk County, NY |
Listing #18498 |
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| Financial Information (non-confidential) |
| Asking Price |
$375,000.00 |
Gross Revenues |
$512,551.00 |
| Down Payment |
$375,000.00 |
Owner’s Cash Flow |
$138,583.00 |
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Financing: $375,000.00 Down and None
Reason for Selling:More family time.
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.
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Melvin L. Vaz
Senior Business Broker
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Servicing Area:
All of NY
All of NJ
All of CT
All of MA
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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 |
