Highly Profitable Bagel/Deli Landmark for Sale

Business
  • Listing# : 14845
  • Listed Price : $2,900,000
  • Total Sales : $2,733,864
  • SIC : 5812
  • Down Payment : $957,000
  • Status : Under Contract
  • Discretionary Earnings : $961,399

Business Type :

Restaurants / Bagel Restaurant

Business Description :

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.

 

 

 

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $12,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $50,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $300,000
    • Incl : Yes
    • Total Assets $362,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Restaurants