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This Business has been Sold!
Closing Date: 04/16/2015
Broker: Syed Ahmed

Business for Sale Summary

30 Yr Old Bagel Shop - 26338

Business Type: retailing businesses,bagel stores,special situations,best deals!,new to market,seller financing available
Sold
30 Yr Old Bagel Shop
On April 16th 2015, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Bronx County NY, Kings County NY, Nassau County NY, Suffolk County NY
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.

Financial Information (non-confidential)

General Information
Asking Price $165,000 Down Payment $125,000
Gross Revenues $320,500 Lease Remaining Register Free to View
Owner’s Cash Flow $98,050 Number of FT Employees Register Free to View

Financing

$125,000 Down and

Business Description

This thirty years old bagel business is located on a very busy strip mall on Long Island. A lady owns it for seventeen years. Now, she wants to retire. The surrounding area is commercial and residential; business is steady, and it has loyal clientele. The bagels are prepared and baked on the premises. An innovative-minded buyer can add many more things to increase the revenues: cigarettes, lotto, and beer. As she wants to retire, she is willing to finance. Seller's net cash flow, after paying all the expenses, is over $8,000 a month.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.