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#Business ID: 19219

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Bagel And Deli Store

Business Location: Kings, New York, United States

Asking Price: $ 400,000 Revenue: $ 600,000 Cash Flow: $ 174,000

Business Summary

This store does consistently high volume. Owners have not changed the operation since owning the store since 1987. A new owner can expand the menu and promote delivery and catering. Super high foot traffic by subway entrance on the neighborhoods main shopping street. Dense residential and commercial buildings surround this location.

A great buy with tons of upside potential.

Make an offer and make money.

Facilities: 1000 Sf store with full basement. 10 year new lease will be in place starting at $7,150/month. Fully equipped to produce hand rolled water bagels and baking equipment. Refrigeration and deli equipment.

Property Details

Years Established:

1948

Property Type:

Lease

Other Business Details

Competition:

Store is located on a major shopping street by a subway entrance. Started in 1948 and current owners since 1987. Established customer base. High foot traffic from early morning till 6 pm. The best located fresh bagel and deli store in the area.

Expansion Potential:

Great potential for catering and delivery to the many office, manufacturing and service companies in the neighborhood. Menu can be expanded to include prepared food to go.

Business Operation Details

Employees:

6

Support & Training:

Owners will transition.

Miscellaneous Details

Financing Available:

Yes
Up to 30% seller financing to qualified buyer.

Reason For Selling:

Retiring.

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