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Asking Price$249,990
Revenue$423,987 Established1996
Cash Flow$111,862 Employees4 full, 5 part
FF&E$100,000 FranchiseNo
Inventory$5,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 33904

Established Bagel Store in a great N.Shore shopping center. This is a fully equipped store in a major shopping center with great parking and visibility. The shopping center has virtually no vacancies and parking for well over 100 cars. It is located in an affluent north shore town and has fared well through the pandemic so far. They have seen an increase in sales as many local restaurants have closed or reduced hours. This store was originally opened 24 years ago. Bagel dough is brought in from outside and cooked in their rack oven. There are NO franchise fees or royalties. In the past year the business has documented sales of $423,987.00 with an owner's cash flow of approx. $111,862.00. These numbers come straight from the 2019 tax returns. The store is 1,800 sq. ft. with a full kitchen. It is meticulously maintained. Just look at the pictures. The rent is $4,500/mth. This is a very fair rent for this high traffic area. This storefront feels much bigger than it is. It must be seen to be appreciated. The kitchen is spotless. Delivery was just added. Hours can be extended. We are seeking a serious and financially qualified buyer with at least $175K in liquid funds to cover the down payment. You MUST have good credit for landlord approval! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33904 for instant access to this business information.
Training/Support:Seller will train
Seller Financing:175,000.00 Down & $74,990 over 4 yrs. @ 6%
Sale Reason:Other opportunities.
Ad #125422
Seller Reference #33904
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Vested Business Brokers
Vested Business Brokers
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