Listing ID: 36395
Business Overview
**Signed confidentiality agreement required for exact name and Location**
4 Powerhouse Bagel Shops For Sale Ranging across Long Island.
All locations have management in place and the owners role is to oversee complete operation.
One store acts as the bagel hub where all bagels are produced and shipped out the remaining stores.
Perfect opportunity for an operator who knows the bagel business.
1st store
Size: 4800 SQFT
Gross Sale: $2.6 mil
Lease: 13 yr remain with option to renew
Rent: $12,500/mon
Payroll: $12,000/week
Net income: $600,000
22 Employees
Management in place
2nd Store
Size: 3000 SQFT
Gross: $1.5 mil
Lease: 18 years left with opt to renew
Rent: $10,800/mon
Payroll: $7,400/week
Net: $300,000
12 Employees
Management in place
3rd Store
Size: 2900 SQFT
Gross: $1,400,000
Lease: 13 years remain with 15 year option
Rent:$11,400/mon
Payroll: $7,000/week
Net: $280,000
12 Employees
Management in place
4th Store
Size: 3,000 SQFT
Gross:
Lease: 16 years with option to renew
Rent: $9,000/mon
Payroll: $6,800/week
Net: $260,000
12 Employees
Please contact me for more information.
Financial
Seller Financing Available
- Asking Price: $4,000,000
- Cash Flow: $1,600,000
- Gross Revenue: $6,700,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: No
- Established: N/A
Detailed Information
- Property Owned or Leased:Lease
- Property Included:N/A
- Building Square Footage:1,200
- Lot Size:N/A
- Total Number of Employees:50
- Furniture, Fixtures and Equipment:N/A
All locations have management in place and the owners role is to oversee complete operation. Perfect opportunity for an operator who knows the bagel business.
Retirement