Great North Shore Bagel and Deli - 18329 - Vaz

Suffolk County, NY


Asking Price: Annual Revenue:
$289,000 $455,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: Great North Shore Bagel and Deli - 18329 - Vaz Broker: Melvin Vaz

Quick Facts

Asking Price: $289,000
Annual Revenue: $455,000
Net Profit: Not Disclosed
Cash Flow: $115,897
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1981
Employees: 8
BBN Listing #: 36934447
Broker Reference #: 18329 - Vaz

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Business Overview:

Well-established bagel store and deli on the North Shore of Long Island. For over 30 years this family owned business has been providing quality food and service. The current owner has been here for the past 12 years. They use a rack oven and pre-made, frozen bagels from a wholesaler. There is more than enough space to add an extruder and mixer to make the bagels on site. Or you can hand roll them. This is a spacious 2,000 sq. ft. store with 7 years remaining on the lease and a very fair landlord. There are very few restrictions in the lease. This is a perfect location add ice cream or ices, even burgers, fries, etc. There is seating for 23. The parking lot can hold over 40 cars. It is in a seasonal area where Summer sales can average $15,000/week. They are selling after 12 years as the owner wants to pursue other interests. In 2010, this business grossed approximately $475,000 with a Net of approximately $115,000. This is a clean and spacious store. Make a move now before the busy season. We are looking for serious buyer only! The ideal candidate must have some bagel or deli experience.

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Property Features and Assets:

This is a spacious 2,000 sq. ft. store with 7 years remaining on the lease and a very fair landlord. There are very few restrictions in the lease. This is a clean and spacious store.

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 a franchise resale opportunity.

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