Available
Price Drop!! - $200K or BEST Offer - 6 Day North Shore Bagels & Deli - Huge Potential - Seller Retiring
$200.000
Description
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.
Overview
Property ID:
12193
Type:
Retail - Quick Serve Restaurant- Bagel - Deli- Pizzeria - Taco No Table Service
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