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yourdomain > Long Island > business > Price Drop!! - 6 Day North Shore Bagels & Deli - Huge Potential - Sell - $325,000 (Suffolk County, NY)

Price Drop!! - 6 Day North Shore Bagels & Deli - Huge Potential - Sell - $325,000 (Suffolk County, NY)

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Posted : Thursday, February 08, 2024 01:03 AM

What an opportunity for an Experienced Bagel / Deli Person to take over this turn-key 6 Day North Shore Bagel Store.
Well established with a very well known name and multiple independently owned locations and no licensing fees.
Current owners are ready to retire.
This location which is situated in a great strip mall is all set up for an eager operator to come in an increase the sales and net drastically.
Pre Covid this location did over $800K.
The sales for 2022 were $700K , and currently for 2023 Sales are off to a great start and are up about 15%.
Owner is tired and has not tried to build up to the $800k+ that this location used to do and a new operator will take one look at this location and see it can do over $1M easily.
Extending hours , opening 7 days , catering , building up the lunch , adjusting some payroll , removing the CC Fees , are some ways to increase your sales and net.
This net will increase by $70K instantly between the managers salary and the CC Fees.
All equipment in good condition with a huge kitchen.
Front of the house is also huge with seating for 20+.
New 10 Yr Lease.
Owners will negotiate and will entertain seller financing depending on the offer and buyers experience.

• Phone : NA

• Location : East Norwich,NY

• Post ID: 9056572580


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