Absentee Bagel Store $40k Weekly Rent Under 10k

Not Disclosed, NY
Suffolk County

Suffolk County

Asking Price: Annual Revenue:
$1,150,000 $1,970,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Absentee Bagel Store $40k Weekly Rent Under 10k Broker: Seller of Business

Quick Facts

Asking Price: $1,150,000
Annual Revenue: $1,970,000
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 13335273
Broker Reference #: 11778

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Business Overview:

This store is PRIME for an owner operator. The current owner does not frequent this location at all. Full time manager is running with full staff of 18 feet and pt employees, This store grosses $42,000 all summer and $37,000 all winter. Store hours 5am-745pm and has been open for 5 years. Rent is under $10,000 ALL in and landlord is very reasonable with 3,000 square feet. Corporate catering has the potential to grow this into a monster location. This is truly for a bagel guy who wants to add a location to his portfolio and work the store. New owner can net over $300,000 if ran hands on and not absentee like the current owner. Buyer needs to have $600,000 as there is a lender in place for approximately $400,000 for this location. Please have POF and ready to show your agent.

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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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