Business For Sale

High Volume Bagel Store and Cafe - 25167

Suffolk County, NY
Suffolk County


Asking Price: Annual Revenue:
$469,000 $692,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: High Volume Bagel Store and Cafe - 25167 Broker: Melvin L. Vaz
Owner Financing is Available!
350,000.00 Down & $119K over 4yrs @ 6%

Quick Facts

Asking Price: $469,000
Annual Revenue: $692,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 5
BBN Listing #: 45144447
Broker Reference #: 25167

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Business Overview:

High Volume Bagel Store and Cafe right off of the LIE in a major shopping center with several big box anchor tenants. This is the only bagel store within 3 miles. It is very close to a huge shopping plaza. This store was originally opened 9 1/2 years ago and still has the same original owners. Bagel dough is brought in from outside and cooked in their rack oven. There is seating for 24 in a spacious 2,000 sq. ft. store with 10.5 years remaining on the lease and only 3% rent increases. This storefront has very high ceilings and feels much bigger than it is. It must be seen to be appreciated. The parking lot can hold over 300 cars. In 2012, this business grossed approx. $650,000.00 with a Net of approx. $150,000.00. THE SELLER CAN GUARANTEE A NET OF $150K. The kitchen is spotless. There is limited delivery and no 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 $350K - $400K in liquid capital for a downpayment, working capital, deposits, etc. You MUST have good credit for landlord approval! If you meet these qualifications, call or email Mel Vaz today at 1-877-735-5224 or mvaz@vestedbb.com.

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Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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