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Long Established Bagel And Deli
Location: United States -> New York -> Other New York -> Nassau County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Well-established bagel store and deli in a high-traffic, South Shore town. For over 20 years this family owned business has been providing quality food and service. They use a rack oven and extruder to make the bagels. This is a spacious 2,400 sq. ft. store with 10 years remaining on the lease with only 3% rent increases. Rent is very negotiable with the landlord. The parking lot can hold over 75 cars. They are selling after 20 years due a family/partnership dispute. In 2010, this business grossed approx. $624,000.00 with a Net of approx. $78,000.00. You will not find a cleaner store. There are many opportunities to grow this business beyond where it stands today. We are looking for serious buyer only! The ideal candidate must have some bagel or deli experience. If you meet these qualifications, call Mel Vaz today at 877-735-5224


Financials

Asking Price Range:  < $250K
Gross Revenues:   $575,116
Cash Flow:   $78,255
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1991
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Seller is willing to train
Reason For Selling:  Personal




Print Listing Id: 700124928
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