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Asking Price$199,000
Revenue$1,208,000 EstablishedUndisclosed
Cash Flow$132,000 Employees6 full, 4 part
FF&E$100,000 FranchiseNo
Inventory$10,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Price Just Reduced! Make Your Best All-Down Offer! After all expenses, this business nets $132,000/year and its seller is only asking $199,000 (only 1.5 times the net). The owner of this profitable bagel store and deli, located at a corner location on Manhattan's UES, can no longer give this business the attention it deserves. He must look after his ailing wife. In-store gross sales average $17,000/weekly, of which 30% is on credit cards, and the rest in cash. Internet orders account for another $27,000/month, and that's net of delivery fees. The seller will explain how these numbers can be increased by a new owner, who is able to devote more of his time to the business. The landlord stands ready to extend the lease to at least a total of eight years and maybe ten. You will find 400 square feet at street level and another 400 square feet of usable space in the basement. The store is loaded with equipment, such as two walk-in boxes, an ice machine, a deli case, two lowboys, a tall refrigerator, a salad bar, two small freezers, an electric grill, a conveyer oven, a juicer, coffee makers, soda cases and more. You are well-advised to add an ice cream case to the mix. Please be very discreet when visiting this location, as the employees and customers do not know it's for sale. Then, kindly contact the listing broker, Jay Goldman, to make an appointment to meet with the seller to ask some questions and get a full tour. Please call 1-877-735-5224 for further information. Make your best all-down offer, as this one won't last long!
Training/Support:The seller will train the new owner.
Seller Financing:199,000.00 Down & Please make your best all down offer!
Sale Reason:Selling due to health reasons
Ad #101714
Seller Reference #30875
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Jay Goldman
877-735-5224
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