Excellent Bagel Store
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $496000
Net Profit / Cash Flow $168766
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2001
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description Excellent bagel store on the South Shore of Suffolk County. This store was originally opened 11 years ago. It is located in the only shopping center in town. Bagel dough is brought in from outside and cooked in their rack oven. There is seating for 16 in a spacious 1,800 sq. ft. store with 9 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 2012, this business grossed approx. $520,000.00 with a Net of approx. $169,074.00. You will not find a cleaner store. There was a deli in the same shopping center that recently closed down. This is a great opportunity to add a deli piece to this business and capture those customers. There is no delivery or wholesale. Hours can be extended. We are looking for serious buyers only! The ideal candidate must have some bagel or deli experience and at least $300K in liquid capital for a downpayment. If you meet these qualifications, call or email Mel Vaz today at 631-909-1095.
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