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Well-established Bagel And Deli In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$289,000
Sales Revenue:
$455,000
Cash Flow:
$115,897

Well-established bagel store and deli on the North Shore of Long Island. For over 30 years this family owned business has been providing quality food and service. The current owner has been here for the past 12 years.

They use a rack oven and pre-made, frozen bagels from a wholesaler. There is more than enough space to add an extruder and mixer to make the bagels on site. Or you can hand roll them. This is a spacious 2,000 sq. ft. store with 7 years remaining on the lease and a very fair landlord. There are very few restrictions in the lease. This is a perfect location add ice cream or ices, even burgers, fries, etc. There is seating for 23. The parking lot can hold over 40 cars. It is in a seasonal area where Summer sales can average $15K/wk. They are selling after 12 years as the owner wants to pursue other interests. In 2010, this business grossed approx. $475,000.00 with a Net of approx. $115,000.00. This is a clean and spacious store. Make a move now before the busy season. We are looking for serious buyer only! The ideal candidate must have some bagel or deli experience.

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 to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Pursuing another business

Employees:
2FT/1PT
Years established:
1993

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

175,000.00 Down & $114k over 5 years @ 6%

Inventory / Stock value:
$8,000