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Busy East End Bagel Cafe With Name Recognition For Sale

Riverhead, New York
Asking Price:
$395,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$825,000
Cash Flow:
$160,000

Bagel Café with licensee name recognition located in busy destination shopping center anchored by Home Depot, Shop Rite and Best Buy. Near Tanger Mall, Walmart and Costco. 15 year established business with a new 10 year lease extension. Owner may consider some financing for the right buyer.

Property information

Real Estate:

Lease

Lease Terms:

10 year fully assumable

Leasehold Rent:

$64,800 per annum

Location:

Located on busy Route 58 commercial corridor.

Premises Details:

Part of a 680,000 sq. ft. destination shopping mall.

Size in square feet:
2,000

Business Operation

Expansion Potential:

The Town of Riverhead is expanding quickly. Revenue has climbed by 15% over the last year.

Reasons for selling:

Retiring

Trading hours:

Monday - Sunday 6:00am to 3:00pm. No restrictions.

Employees:
10
Years established:
15

Other Information

Support & training:

Owner willing to train

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

Owner may finance some of the sale for the right individual

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