Beautifully Renovated Bagel Store - $16k/wk-27222

Suffolk County, NY

Seller Financing Available
Beautifully Renovated Bagel Store - $16k/wk-27222

Asking Price:$329,000

Cash Flow:$120,463

Gross Revenue:$766,821

EBITDA:N/A

FF&E:$100,000

Inventory:$5,000*

Established:2004

*not included in asking price.

Beautifully Renovated Bagel Store - $16k/wk-27222

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Business Description

Beautifully Renovated Bagel Store grossing $16k/wk. This store is located in a large strip mall just off a major roadway in Suffolk County. The owner did a major renovation just 1 year ago. They offer flat screen menus and spacious seating in a 3,500 sq. ft. space. The rent is $8,100/mth. with 9 years left on the lease. The currently average $16K/wk in sales with a total gross of $832,000.00 last year. The net income was approx. $120,000.00 last year. They use rack ovens to make the bagels. There is parking for over 100 cars in the lot. There are many opportunities to grow this business beyond where it stands today. There is no delivery. Hours can be extended. We are looking for serious buyers only! The ideal candidate must have some bagel or deli experience and at least $200K in liquid capital for a downpayment. If you meet these qualifications, please call the broker at 1-877-735-5224 or please refer to the Confidentiality Agreement below. 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.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
200,000.00 Down & $129K over 3yrs. @ 6%.
Support & Training:
The seller will train the new owner of the business.
Reason for Selling:
Another business opportunity.

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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

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