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Highly Profitable Bagel And Deli Landmark In Florida For Sale

Florida
Asking Price:
$2,900,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,733,864 (USD)
Cash Flow:
$961,399 (USD)

Highly Profitable Bagel/Deli Cafe for Sale in South Florida. One of the top money making cafe's you will see for sale. A local favorite for 17 years. 2018 Sales Exceed $2.7 million with an owner operator owner benefit of $960k. No other Deli or competitor within miles with an equivalent menu. All bagels are baked on the premises. Seller is a full time working owner. No Absentee owners! Buyer must have serious experience in the industry to handle this business. Lender pre-qualified & Visa Qualified. All buyers must be qualified from their lender or show proof of liquidity as the seller must approve the buyer. Lease extends to 2031. Still plenty of room for growth. Store closes at 4 pm daily but can stay open until 8 pm for the dinner crowd. Area is starving for a late night deli, owner is asked daily to stay open late. During the season seller works 6 days/week- off season 4 days/week.

Property Information

Real Estate:

Lease

Premises Details:

Monthly Rent $10,000/Month- 2300 sq ft Facility- Lease expires Jan 2021 - Two - 5 yr. options available.

Business Operation

Reasons for selling:

Retirement.

Trading hours:

Monday-Sunday 6:30am-4pm

Employees:
15 FT / 5 PT
Years established:
12

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.
Buyer needs serious Restaurant experience in the Bagel/Deli industry.

Financing available:

Lender Pre-Screened with $957,000 Down.

Furniture / Fixtures value:
$50,000 (USD) - included in the asking price
Inventory / Stock value:
$12,000 (USD) - included in the asking price

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