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- RE: Bagel Store Eastern Suffolk-Can Expand
- Contact: Ziggy Marszalek
Quick Facts
Asking Price: | $400,000 | |
Annual Revenue: | $780,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $190,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1985 | |
Employees: | Not Disclosed | |
BBN Listing #: | 725149666 | |
Broker Reference #: | 22554 |
Business Overview:
Great location in Eastern Suffolk, Long Island with plenty of parking. This bagel store has been in business for over 35 years and is run semi-absentee by the owner.It has inside seating for 16 with a permit and outdoor seating with no permit required.
The sales revenue is 40% by credit card and 60% is cash.
Multiple Expansion Opportunities.
Business can be expanded: Catering, Delivery, Bagel Wholesale, Adding Dinner.
Catering: Done sometimes but could easily be done with advertising.
Delivery can be added using Doordash, UBER EAT and menu-created delivery could be DONE without any extra cost.
Dinner could be added.
$300,000 Proof-of-funds and NDA required to disclose details.
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Property Features and Assets:
It has inside seating for 16 with a permit and outdoor seating with no permit required. Monthly Rent: $5,000 Lease Ends: 2031-01-02 Area: 1,000 square feet Building Type: shopping Center Terms and Options: 3%Market Competition and Expansion:
Business can be expanded: Catering, Delivery, Bagel Wholesale, Adding Dinner. Catering: Done sometimes but could easily be done with advertising. Delivery can be added using Doordash, UBER EAT and menu-created delivery could be DONE without any extra cost. Dinner could be added.Reason for Selling:
Other interests.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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