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Thirty-Yr. Old Bagel Store For Sale

6/wk
Suffolk County, New York, United States
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Asking Price$425,000
Revenue$1,325,000 Established1986
Cash Flow$205,100 Employees9 full, 6 part
FF&E$50,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This thirty-year-old bagel business is located in one of the richest areas on Long Island. Seller has owned it for thirty years. Now he wants to retire. The business does 1.35 million in gross sales a year. Rent is just $6200 a month. The business makes bagels on its premises. Due to the nature of the location, being close to the holiday resorts, the business, during summer time, does $35000 in gross sales a week. The business also has 66 accounts that receive deliveries from the business. Seller is retiring, so he must sell the business. Seller's net cash flow, after paying all the expenses, is between $175,000 to $200,000 a year. Call 1-877-735-5224 for more information.
Training/Support:The seller will train the new owner.
Seller Financing:425,000.00 Down
Sale Reason:Seller is retiring.
Ad #78374
Seller Reference #27850
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Contact This Seller
Syed Ahmed
1-877-735-5224
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