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Bagel Store For Sale
Location: United States -> New York -> Other New York -> Nassau County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Money making bagel store/cafe ideally located in busy strip center with ample parking. This business is well established with a 25-yr, long standing reputation in the community. Strong sales volume and reasonable overhead make this a must see opportunity! This business has enjoyed consistent growth since current owners took over. Serious financially qualified buyers only. Hours are monday to saturday 5am to 4pm, and sunday 6am to 2pm. Currently grossing $12,000/week with no deliveries or catering.

Facilities / terms of lease:
Located on a very active thoroughfare in a very busy strip center with ample parking.

2,000 square feet - strip center

Lease: $7,000/month - expires: 1/1/2020 - 4% increases

Market share:
This business is well established with a 25-yr, long standing reputation in the community.

Growth potential:
Fantastic opportunity for growth!

Has enjoyed consistent growth since current owners took over.

Limitless and outstanding opportunities for growth has tremendous upside since there is high potential! True turn key operation with lots of room for expansion.

A huge opportunity for any operator who has vision. This opportunity has tremendous upside by adding deliveries and catering.. Additional advertising and marketing with incentives can take this to the next level.

Asking: $350,000
financing: $100,000 for 60 months at 8%

Contact for more information on this bagel store for sale.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $629,200
Cash Flow:   $123,100
Cash Flow Type:  EBITDA
Inventory:  $100,000
Seller Financing:  Yes

About The Business

Year Established:  1981
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2 weeks training at no cost.
Reason For Selling:  Too far for owner to commute.




Print Listing Id: 700151412
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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