Established Bagel & Deli Shop for Sale

Asking Price$490,000

Cash Flow
$173,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$760,000

InventoryNot Disclosed

FF&E$150,000
Included in asking price
Real EstateNot Disclosed

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Established Bagel & Deli Shop for Sale


Asking Price$490,000

Cash Flow
$173,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$760,000

InventoryNot Disclosed

FF&E$150,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Established Bagel & Deli Shop for Sale
LISTING ID # 36867

Well Established Bagel & Deli in Major Shopping Ctr. Price Reduced! The best bagel store I have seen in years. This is a fully equipped store in a major shopping center with over 30 tenants. The shopping center has virtually no vacancies and parking for well over 200 cars. This store has the best online reviews in town! Everything is made on-site. The store is fully equipped with a bagel extruder, mixer, 2 proof boxes, a rack oven, hood, grill, fryers freezers, walk-in and more. In the past year the business grossed approx. $760,000.00 with an owner's cash flow of approx. $173,00.00. The seller keeps records of all sales. The owner works here part-time as he has another job. There is a full-staff in place including a baker, cook and counter staff. 3FT and 3PT. The store is 2,000 sq. ft. with a full kitchen. There are 7 years left on the current lease with a 7 year option. The rent is $6,100/mth. This is a very fair rent for this high traffic area. This store is spotless. It must be seen to be appreciated. Hours are M-F 6am-2:30pm, Sat & Sun 6:30am-2pm. We are seeking a serious and financially qualified buyer with at least $350,000 in liquid funds to cover the down payment. You MUST have good credit for landlord approval! All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only, only after providing proof of liquid funds!
About the Business
Years in Operation
10
About the Sale
Seller Motivation
Another job
Transition Support
Seller will train
Financing Options
350,000.00 Down & $140K over 4 yrs. @ 7.5%
Listing Info
ID
2415400
Listing Views

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Business Listed by: Vested Business Brokers, Ltd Vested Business Brokers, Ltd

Listing ID: 2415400 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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