Bagel Store In Major Shopping Center In Suffolk For Sale County

Overview

  • Business services, Services
  • Property Type

Description


Suffolk County,
New York, US

Asking Price:


$249,500

Sales Revenue:

$830,000

Cash Flow:

$128,000

Established Bagel Store in a huge shopping center. Price Reduced! This is a fully equipped store in a major shopping center with several big box anchor tenants. The shopping center has virtually no vacancies and parking for well over 500 cars. This is the only bagel store within 3 miles. It is in a prime location. This store was originally opened 18 years ago and still has the same original owners. Bagel dough is brought in from outside and cooked in their rack oven. The oven was just replaced one year ago. There are No franchise fees or royalties. In the past year the business grossed approx. $775,000.00 with an owner’s cash flow of approx. $125,680.00. The seller keeps records of all sales. The store is 2,000 sq. ft. with a full kitchen. There are 6.5 years remaining on the lease at a total rent of $6,566 and only 3% rent increases. This is a very fair rent for this high traffic area. This storefront has very high ceilings and feels much bigger than it is. It must be seen to be appreciated. The kitchen is spotless. Door Dash was just added in the past 2 years, but other than that there is virtually no online or social media presence. Hours can be extended. We are seeking a serious and financially qualified buyer with at least $269,500 in liquid funds to cover the asking price. You MUST have good credit for landlord approval! To learn more, please call, text or email Mel Vaz today. 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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Address

  • State/county New York
  • Country United States

Details

Updated on January 13, 2023 at 8:00 pm
  • Property Type: Business services, Services
  • Property Status: For Sale

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