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Thirty-Yr. Old Bagel Store For Sale

Suffolk County, New York, United States
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Asking Price$575,000
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 years old bagel business is located in one of the richest areas on Long Island. Seller owns it for thirty years. Now he wants to retire. The business does 1.35 millions 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 sale a week. The business also has sixty six accounts which 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. Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$575,000.00 Down and
Sale Reason:Seller is retiring.
Ad #78374
Seller Reference #27850
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Contact This Seller
Syed Ahmed
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