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This Business has been Sold!
Closing Date: 08/19/2014
Broker: Syed Ahmed

Business for Sale Summary

Bagel Store - 25218

Business Type: retailing businesses,bagel stores,special situations,best deals!,new to market,seller financing available
Sold
Bagel Store
On August 19th 2014, 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 $95,000 Down Payment $65,000
Gross Revenues $302,000 Lease Remaining Register Free to View
Owner’s Cash Flow $84,504 Number of FT Employees Register Free to View

Financing

$65,000 Down and Cash

Business Description

This seven years-old bagel business is located in a very busy strip mall. The surrounding area is occupied by the doctors' clinics, the insurance companies, and many other business communities. Timings are excellent: 7am to 2pm. The interior is skillfully decorated, with seating arrangements. The business, due to the unique business surrounding, stays busy from breakfast until lunch. The lady seller, who has been in food business over twenty-five years, now wants to move to another state. A new buyer can buy this business by just paying $65,000. For the balance, the seller will finance. The seller's net cash flow, after paying all the expenses, is $7,000 a month. Call Syed at 631-374-7686 for more information.

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.