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Asking Price$825,000
Revenue$1,162,743 Established1995
Cash Flow$355,689 Employees10 part-time
FF&E$150,000 FranchiseNo
Inventory$6,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 34084
High Volume Bagel Store in Prime Location. *Price Reduced* Less than 50% required as a down payment. That is unheard of. This is the bagel store you have been looking for! First off, they have fantastic bagels, a 25 year stellar reputation and lines out the door. Countless 5 star reviews. Secondly, they are in a prime shopping center with parking for over 150 cars. Thirdly, they are fully equipped and make the bagels on site from scratch. All equipment, recipes, phones numbers and the dba are included in the sale price. The baker will train a new owner on everything. The total rent is $6,100/mth for a spacious store. That includes tax and CAM. The landlord is willing to give a qualified tenant a new long-term lease. In the past year the business grossed approx. $1,162,743.00 with an owner's cash flow of approx. $355,689.00. They can maintain 30% margins because the owners pay attention to the bottom line and make everything in-house. In addition to the owner, there are 10 employees. The business is open 7 days, but only from 6am-3pm. They do not offer any wholesale or delivery. They have minimal deli offerings. These are just a few additions that can be made, if desired. This business has generated tremendous wealth for this family and they are now looking to slow down. You will not meet a more honest and sincere seller. He is willing to stay on for a thorough training and transition period and will be only a phone call away post-sale. He lives in the area and would like to see the new owner succeed. In fact, he is willing to take a risk with the new owner by holding a note. There is no better vote of confidence in a business. We are seeking a serious and financially qualified buyer with at least $450K in liquid funds to cover the down payment. Proof of funds will be required before any buyer-seller meetings. To learn more, please call, text or email Mel Vaz today on 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!

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Training/Support:Seller will train
Seller Financing:450,000.00 Down & $375K over 5 yrs. @ 6% financed to a qualified buyer
Sale Reason:Retirement - downsizing.
Ad #134083
Seller Reference #34084
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