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Bagel And Deli For Sale
Location: United States -> New York -> Suffolk County
Industry: Food and Beverage > Grocery and Supermarkets




Business Summary

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/wk. They are selling after 12 years as the owner wants to pursue other interests. In 2010, this business grossed approx. $475,000 with a net of approx. $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. Email or call Mel Vaz at 631-909-1095 for more information on this bagel and deli for sale.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $455,000
Cash Flow:   $115,897
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1981
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Personal.




Print Listing Id: 700144632
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