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High Volume Bagel Store with limited competition. There is no direct competitor for at least 2 miles in any direction. They offer fantastic bagels along with sandwiches, wraps, salads, pastries and more. The business has been established for 20 years with lines out the door and stellar reviews. The store is located in a huge shopping center with parking for over 400 cars. It is fully equipped. Bagels are made on site from scratch. All equipment, recipes, phones numbers and the dba are included in the sale price. The total rent is $5,000/mth for a 2,200 sq. ft. store with 13 years remaining on the current lease. In the past year the business grossed approx. $1,500,000.00 with an owner's cash flow of approx. $400,000.00. The business is fully staffed with 12 employees, including a baker and dough man. The business is open 7 days, but only from 6am-4pm. In addition, the owner is willing to take only 50% down and hold a substantial note of $440K over 7 years at 5%! There is no better vote of confidence in a business. We are seeking a serious and financially qualified buyer with at least $449K in liquid funds to cover the down payment. Proof of funds will be required before any buyer-seller meetings. 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!
If interested, please contact the seller through the form on this page.
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Seller will train
449,000.00 Down & $440K over 7 yrs. @ 5%
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